Bears and Bulls Power Line Crossovers for Trend Trading

Summary

BvsB is a trend-following indicator that combines Bears Power and Bulls Power, with one series inverted. The description proposes opening a position when the two lines intersect and reading sustained convergence as a sign that the prevailing trend is weakening. It also allows users to change the parameters of the reference moving average, which affects how the indicator is calibrated.

The document does not specify the exact entry direction at each crossover, exit rules, position sizing, or risk controls. It provides no chart examples, backtest, or evidence of profitability, so the crossover and convergence interpretations should be treated as hypotheses for testing. The page also includes a pointer to an MQL4 implementation, but the description alone is insufficient to reproduce the indicator precisely.

Key ideas

• The indicator combines Bears Power and Bulls Power, with one component inverted.
• It suggests opening positions when the indicator lines cross.
• Continued line convergence is interpreted as a fading trend.
• The reference moving-average settings can be adjusted, but the page gives no full trading or risk rules.

Tags

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