PROTECTED SOURCE SCRIPT
BBI (4MA/4) overlay
The BBI is a kind of Bull & Bear Index, which famous among Chinese traders.
Calculating method:
BBI = (( MovingAverage({source}, {M1}) + MovingAverage({source}, {M2}) + MovingAverage({source}, {M3}) + MovingAverage({source}, {M4})) ÷ 4) secured in {resolution}
(source: wiki.mbalib.com/wiki/多空指数)
Configuretion:
{resolution}, {source} and {M*} are configurable. you could also feel free to use the default values.
People believe that If the price is above the BBI line, then this ETP is in the Bull market, and otherwise in the Bear market.
Calculating method:
BBI = (( MovingAverage({source}, {M1}) + MovingAverage({source}, {M2}) + MovingAverage({source}, {M3}) + MovingAverage({source}, {M4})) ÷ 4) secured in {resolution}
(source: wiki.mbalib.com/wiki/多空指数)
Configuretion:
{resolution}, {source} and {M*} are configurable. you could also feel free to use the default values.
People believe that If the price is above the BBI line, then this ETP is in the Bull market, and otherwise in the Bear market.
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此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。