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Conditional

Bull/Bear Buy/Bail CandlesBased on BullBearPower indicator, this is a heavily modified version with colored candles to show when bulls or bears are buying or bailing. Includes Fibonacci Levels based on Highest/Lowest value in variable length, along with optional second timeframe and alternative calculation for candles and linear regression curves for increased versatility. Green = bullish /long, Aqua = still-bullish albeit weakening, blue = weak albeit strengthening and red = weak/short. Perfect as a confirmation indicator for those looking to time markets.
Pine Script® indicator
by EsIstTurnt
Updated Jun 23, 2022
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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