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Bull-Bear Power ZScore - by Trading Pine Lab
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The Bull-Bear Power ZScore Strategy is an advanced trading framework that integrates Bull-Bear Power (BBP) with a statistical Z-Score model.
BBP measures the relative strength of buyers vs. sellers against an EMA baseline, while the Z-Score standardizes this relationship to detect statistically significant breakouts.
This dual-layer approach provides early trend detection while reducing noise from raw momentum signals.
Entries are triggered when the Z-Score crosses above or below its threshold (long above +T, short below –T). Exits occur when the Z-Score crosses back to zero, ensuring trades close when momentum fades.
A dynamic multi-level take-profit system is integrated, using ATR-based targets (TP1, TP2, TP3) that automatically adapt to **volume context** (high/medium/low) and **percentile analysis** (distribution of price and volume).
This ensures profit targets stretch in strong environments and tighten in weaker conditions, optimizing both risk and reward.
All parameters are fully configurable:
-Bull-Bear Power Settings: EMA length, Z-Score length, Z-Score threshold.
-Take Profit Settings: enable/disable TP system, ATR period, TP1–TP3 multipliers, TP1–TP3 position sizes.
-Volume Analysis: volume MA period, high/medium/low multipliers, adjustment factors.
-Percentile Analysis: percentile lookback period, high/medium/low thresholds, adjustment factors.
The Bull-Bear Power ZScore Strategy is an advanced trading framework that integrates Bull-Bear Power (BBP) with a statistical Z-Score model.
BBP measures the relative strength of buyers vs. sellers against an EMA baseline, while the Z-Score standardizes this relationship to detect statistically significant breakouts.
This dual-layer approach provides early trend detection while reducing noise from raw momentum signals.
Entries are triggered when the Z-Score crosses above or below its threshold (long above +T, short below –T). Exits occur when the Z-Score crosses back to zero, ensuring trades close when momentum fades.
A dynamic multi-level take-profit system is integrated, using ATR-based targets (TP1, TP2, TP3) that automatically adapt to **volume context** (high/medium/low) and **percentile analysis** (distribution of price and volume).
This ensures profit targets stretch in strong environments and tighten in weaker conditions, optimizing both risk and reward.
All parameters are fully configurable:
-Bull-Bear Power Settings: EMA length, Z-Score length, Z-Score threshold.
-Take Profit Settings: enable/disable TP system, ATR period, TP1–TP3 multipliers, TP1–TP3 position sizes.
-Volume Analysis: volume MA period, high/medium/low multipliers, adjustment factors.
-Percentile Analysis: percentile lookback period, high/medium/low thresholds, adjustment factors.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.