The KFX Bulls and Bears indicator consolidates the Bulls and Bears Power sample indicators in one indicator. This indicator is a modification of a known Bulls/Bears power indicator by Elder. It measures distance between extreme price and moving averages.

Parameters

• Source - choose between Close, Open, High, Low, Median, Typical or Weighted Price.
• Periods - period for calculating the moving averages.
• MA Type - Select between Simple, Exponential, Smoothed or Linear Weighted.
• Verbose - Allows the option to display the current values of Bulls and Bears.