Bulls Power Bears Power and Accelerator
I am using this method to catch only big moves. It works well but needs some tweaking espescially for exit. 30 Min and 1 Hr time frames are suitable.
Indicator Setup
Bullspower default setting (13)
Bears Powerdefault setting (13)
Accelerator default setting
Buy Rules
Bulls Power increasing and greater than last bar
Bears power >= 0
Accelerator > 0 and greater than last bar
Sell Rules
Bears Power decreasing and less than last bar
Bulls power <= 0
Accelerator < 0 and less than last bar
Exit
Long Exit: When bulls power and Acccelerator decreases for 2 successive bars.
Short Exit: When bears power and Acccelerator increases for 2 successive bars.
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