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Bullish Bearish

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Bullish and bearish are two commonly used terms in trading.
Investors are bullish on a particular asset if they have an optimistic outlook and expect or fell that asset price will increase.
Investors are bearish on a particular asset if they have a pessimistic outlook and expect or fell that asset price will decrease.

Traders can be bullish on an asset and bearish on another asset. They can also be bullish in a timeframe (daily for example) and bearish in another timeframe (monthly for example).

A bullish signal is an indication, usually generated by an indicator, that the asset price is expected to increase.
A bearish signal is an indication that the asset price is expected to decrease.


Objects: Bullish Bearish
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VIX Volatility Index Statistics per Day of Week
by Mike, uploaded several months ago

The VIX symbol stands for the Chicago Board Options Exchange Volatility Index and it is a measure of the S&P500 stock index options that have a maturity of 30 days. In other words, it measures the expected market volatility for the next 30 days and this is why it is...
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Maximum Drawdown Composite Indicator
by Mike, uploaded several months ago

The maximum drawdown of a stock is calculated using the "Drawdown" function. This function returns the maximum drawdown of a price series since the first bar.

The maximum drawdown composite indicator averages the max drawdown of all stocks in the universe by calculating the max drawdown of each stock and then...

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Market Breadth Indicator: Average On Balance Volume
by The trader, uploaded several months ago

Average On Balance Volume (OBV) market breadth indicator is the average OBV value of all liquid stocks for each trading day. On Balance Volume is a cumulative indicator that measures buying and selling pressure. It works by adding volume on up days and subtracting volume on down days.

Given the above...

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Ratio of Stocks above and below Bollinger Bands
by Brian Brown, uploaded several months ago

This composite calculates the ratio of stocks trading above their upper Bollinger band to stocks trading below their lower Bollinger band.

The number of stocks trading above/below their upper/lower Bollinger band is computed by comparing the close price to the 20-bar "BbandsUpper"/"BbandsLower" function.
A value of 60 tells us that among stocks...

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Bull Bear Ratio - Stock Market Indicator
by Brian Brown, uploaded several months ago

The Bull Bear Ratio is a market sentiment indicator that measures the strength of the bulls versus the bears. It measures the bulls by calculating the number of stocks whose percent rank value is higher than 70 and the bears by calculating the number of stocks whose percent rank value...
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Simulation/Backtest Trading Indicator
by bug man, uploaded several months ago

This is a variation of the 120. The indicator contains an additional parameter that lets you define a minimum number of trades threshold.

The Buy Indicator performs for each bar a simulation or backtest and returns the average return/performance of the strategy defined in the rule and N-Bar stop parameters. For...

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Consolidation Breakout and Congestion Index
by Patrick Fonce, uploaded several months ago

The Consolidation Breakout technical indicator identifies breakout in a congestion pattern. It does so by checking several conditions and then returning a value of one if a bullish congestion breakout is detected and a value of minus one if a bearish congestion breakout is detected. In case there is no...
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NYSE Up-Down Volume Ratio - Historical & Intraday
by QuantShare, uploaded several months ago

NYSE Up/Down Volume Ratio is often used as a barometer for stocks trading on all U.S. Exchanges even though it is calculated based on stocks listed on the New York Stock Exchange. NYSE Up/Down ratio represents the volume of NYSE stocks that are advancing divided by the volume of declining...
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Ehler Filter Indicator
by Tom Huggens, uploaded several months ago

Among linear filters commonly used in trading, the simple and exponential moving averages are probably the most popular ones. According to John Ehlers, linear filters are optimal when used with stationary data, which is not the case with security quotes. The Ehler Filter invented by John is a nonlinear FIR...
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S&P 500 - Bullish Trading Signal
by Caleb, uploaded several months ago

Here is an indicator I am using to detect potential turning points in the S&P 500 Index. The technical indicator is the addition of the percent rank of the AAII Bullish Index and the percent rank of the S&P 500. The lower the indicator value is the more likely there...
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