PROTECTED SOURCE SCRIPT
Bull & Bear Market Trend Indicator by Yaron
This script expect market trend by using moving average and disparity.
This is to be more powerful tool if used with Progue Band.
When the background color is red, it means bull market.
When the background color is blue, it means bear market.
Color line goes upward crosses horizontal line ("1"), you can consider buy price.
Color line goes downward crosses horizontal line ("1"), you can consider sell price.
This is to be more powerful tool if used with Progue Band.
When the background color is red, it means bull market.
When the background color is blue, it means bear market.
Color line goes upward crosses horizontal line ("1"), you can consider buy price.
Color line goes downward crosses horizontal line ("1"), you can consider sell price.
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