Bear and Bull Power as a Single-Window Strength Indicator

Summary

This document briefly introduces the Bear_Bulls_Power indicator, attributed to Waddah Attar. It says the indicator displays the relative strength of bulls and bears in one chart window, offering a compact way to view opposing market pressure. The source notes that the implementation uses helper classes from a separate smoothing library and references an article explaining their use in intermediate price-series calculations.

The description does not explain the indicator's formula, input settings, signal interpretation, or how traders might use it in a strategy. It provides no chart evidence, backtest, or assessment of when the indicator may fail. As a result, the useful takeaway is limited to the indicator's stated purpose and implementation dependency; the text alone is insufficient to reproduce or evaluate its signals. Traders would need the original indicator documentation or code and independent testing before relying on it.

Key ideas

• The indicator is described as showing bull and bear strength in one chart window.
• The document attributes the indicator to Waddah Attar.
• Its implementation depends on a separate smoothing-algorithm library.
• The text does not provide the calculation, settings, signal rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.