BBB.efs EFSLibrary - Discussion Board
File Name: BBB.efs
Description:
Bull And Bear Balance Indicator
Formula Parameters:
Notes:
This new indicator analyzes the balance between bullish and
bearish sentiment.
One can cay that it is an improved analogue of Elder Ray indicator.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb in S&C magazine.
This script requires that Bull_Power.efs and Bear_Power.efs are located
in the same folder.
Download File:
BBB.efs
Bear_Power.efs
Bull_Power.efs
EFS Code:
/*********************************
Provided By:
eSignal (Copyright c eSignal), a division of Interactive Data
Corporation. 2008. All rights reserved. This sample eSignal
Formula Script (EFS) is for educational purposes only and may be
modified and saved under a new file name. eSignal is not responsible
for the functionality once modified. eSignal reserves the right
to modify and overwrite this EFS file with each new release.
Description:
Bull And Bear Balance Indicator
Version: 1.0 10/15/2008
Notes:
This new indicator analyzes the balance between bullish and
bearish sentiment.
One can cay that it is an improved analogue of Elder Ray indicator.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb in S&C magazine.
This script requires that Bull_Power.efs and Bear_Power.efs are located
in the same folder.
Formula Parameters: Default:
**********************************/
var bInit = false;
function preMain(){
setStudyTitle("BBB");
setCursorLabelName("BBB",0);
setShowCursorLabel(false, 1);
setDefaultBarFgColor(Color.red, 0);
setDefaultBarFgColor(Color.brown, 1);
setPlotType(PLOTTYPE_HISTOGRAM, 1);
}
var xBull_p = null;
var xBear_p = null;
function main(){
var nBBB = 0;
if ( bInit == false ) {
xBull_p = efsExternal("bull_power.efs");
xBear_p = efsExternal("bear_power.efs");
bInit = true;
}
nBBB = xBull_p.getValue(0) - xBear_p.getValue(0);
if(nBBB < 0)
setDefaultBarFgColor(Color.red,0);
else
setDefaultBarFgColor(Color.blue,0);
return new Array(nBBB, nBBB);
}
/*********************************
Provided By:
eSignal (Copyright c eSignal), a division of Interactive Data
Corporation. 2008. All rights reserved. This sample eSignal
Formula Script (EFS) is for educational purposes only and may be
modified and saved under a new file name. eSignal is not responsible
for the functionality once modified. eSignal reserves the right
to modify and overwrite this EFS file with each new release.
Description:
Bear Power Indicator
Version: 1.0 10/15/2008
Notes:
Formula Parameters: Default:
**********************************/
function preMain(){
setStudyTitle("BBB Bear Power");
setCursorLabelName("Bear Power",0);
setDefaultBarFgColor(Color.red,0);
setDefaultBarThickness(2);
}
var xOpen = null;
var xHigh = null;
var xLow = null;
var xClose = null;
var bInit = false;
function main(){
var value = 0;
if(bInit == false){
xOpen = open();
xHigh = high();
xLow = low();
xClose = close();
bInit = true;
}
var nOpen_0 = xOpen.getValue(0);
var nClose_0 = xClose.getValue(0);
var nClose_1 = xClose.getValue(-1);
var nHigh_0 = xHigh.getValue(0);
var nLow_0 = xLow.getValue(0);
if(nClose_1 == null) return;
if(nClose_0 < nOpen_0)
if(nClose_1 > nOpen_0)
value = Math.max(nClose_0 - nOpen_0, nHigh_0 - nLow_0);
else
value = nHigh_0 - nLow_0;
else
if (nClose_0 > nOpen_0)
if(nClose_1 > nOpen_0)
value = Math.max(nClose_1 - nLow_0, nHigh_0 - nClose_0);
else
value = Math.max(nOpen_0 - nLow_0,nHigh_0 - nClose_0);
else
if(nHigh_0 - nClose_0 > nClose_0 - nLow_0)
if(nClose_1 > nOpen_0)
value = Math.max(nClose_1 - nOpen_0,nHigh_0 - nLow_0);
else
value = nHigh_0 - nLow_0;
else
if(nHigh_0 - nClose_0 < nClose_0 - nLow_0)
if(nClose_0 > nOpen_0)
value = Math.max(nClose_0 - nLow_0,nHigh_0 - nClose_0);
else
value = nOpen_0 - nLow_0;
else
if(nClose_0 > nOpen_0)
value = Math.max(nClose_1 - nOpen_0,nHigh_0 - nLow_0);
else
if(nClose_1 < nOpen_0)
value = Math.max(nOpen_0 - nLow_0, nHigh_0 - nClose_0);
else
value = nHigh_0 - nLow_0;
return value;
}
/*********************************
Provided By:
eSignal (Copyright c eSignal), a division of Interactive Data
Corporation. 2008. All rights reserved. This sample eSignal
Formula Script (EFS) is for educational purposes only and may be
modified and saved under a new file name. eSignal is not responsible
for the functionality once modified. eSignal reserves the right
to modify and overwrite this EFS file with each new release.
Description:
Bull Power Indicator
Version: 1.0 10/15/2008
Notes:
Formula Parameters: Default:
**********************************/
function preMain(){
setStudyTitle("BBB Bull Power");
setCursorLabelName("Bull Power",0);
setDefaultBarFgColor(Color.blue,0);
setDefaultBarThickness(2);
}
var xOpen = null;
var xHigh = null;
var xLow = null;
var xClose = null;
var bInit = false;
function main(){
var value = 0;
if(bInit == false){
xOpen = open();
xHigh = high();
xLow = low();
xClose = close();
bInit = true;
}
var nOpen_0 = xOpen.getValue(0);
var nClose_0 = xClose.getValue(0);
var nClose_1 = xClose.getValue(-1);
var nHigh_0 = xHigh.getValue(0);
var nLow_0 = xLow.getValue(0);
if(nClose_1 == null) return;
if(nClose_0 < nOpen_0)
if(nClose_1 < nOpen_0)
value = Math.max(nHigh_0 - nClose_1, nClose_0 - nLow_0);
else
value = Math.max(nHigh_0 - nOpen_0, nClose_0 - nLow_0);
else
if (nClose_0 > nOpen_0)
if(nClose_1 > nOpen_0)
value = nHigh_0 - nLow_0;
else
value = Math.max(nOpen_0 - nClose_1,nHigh_0 - nLow_0);
else
if(nHigh_0 - nClose_0 > nClose_0 - nLow_0)
if(nClose_1 < nOpen_0)
value = Math.max(nHigh_0 - nClose_1,nClose_0 - nLow_0);
else
value = nHigh_0 - nOpen_0;
else
if(nHigh_0 - nClose_0 < nClose_0 - nLow_0)
if(nClose_1 > nOpen_0)
value = nHigh_0 - nLow_0;
else
value = Math.max(nOpen_0 - nClose_1,nHigh_0 - nLow_0);
else
if(nClose_1 > nOpen_0)
value = Math.max(nHigh_0 - nOpen_0,nClose_0 - nLow_0);
else
if(nClose_1 < nOpen_0)
value = Math.max(nOpen_0 - nClose_1,nHigh_0 - nLow_0);
else
value = nHigh_0 - nLow_0;
return value;
}