BullvBear Indicator Request

[tdjck908]

Hello!

Could you, please, code a histogram MT4 indicator that shows the bull and bear strength?
It would be great if there were two settings: Absolute Strength and Percentage Strength.
If you could also include a setting that allows showing only the bull strength, only the bear strength, and both on one histogram.

Here is how I would like to define the strength of Bull and Bear
Bull Strength: Close - Low
Bear Strength: High - Close

Absolute Strength: Bull or Bear Strength in terms of points
Example. Bull Strength 10 points, Bear Strength 10 points.
Percentage Strength: Bull or Bear Strength in terms of % of (H-L).
Example. Bull Strength 50% of H-L, Bear Strength 50% of H-L

For the histogram setting that shows both bull and bear strength, if it could look similar to the image attached- showing Red for Bear Strength and Cyan for Bull Strength.
For the histogram setting that shows only one of bull or bear strength, could the histogram only have values above 0 (only the top histogram line, to allow for running a moving average on top of the indicator if desired).
Example. Only Bull or Bear Strength Absolute Strength: the histogram would have a bar with a value of 10.

Thank you so much,

Please let me know if you have any questions.

Tom

[Apprentice]

Your request is added to the development list.
Development reference 633.

[Apprentice]

Try this version.
https://fxcodebase.com/code/viewtopic.php?f=38&t=71352

[tdjck908]

Thank you!

[tdjck908]

Hello!

I was wondering if there could be an alert service and an arrow below the low if the bull power is larger than the bear candle X a chosen multiplier. (An arrow above the high if the bear power is >= the bull power X Multiplier).

For example.
Multiplier: 10
Arrow below the low and alert option for when Bull power is >= Bear power X 10
Arrow above the high and alert option for when Bear power is >= Bull Power X 10

It would be amazing if the distance between high and low for the arrow could be adjusted as well.

Thank you so much!

[Apprentice]

Your request is added to the development list.
Development reference 706.

[Apprentice]

Try this version.
https://fxcodebase.com/code/viewtopic.php?f=38&t=71352