The Bears Power indicator drawn using a tick chart.

After launching it, wait for enough ticks to come.

Parameters:

• Period - period of averaging.
• The number of ticks to identify high/low - number of single ticks for determining high/low.
• Calculated bar - number of bars for the indicator calculation.

The following parameters are intended for adjusting the weight of Bears Power signals (from 0 to 100). You can find their description in the Signals of the Bears Power oscillator section of MQL5 Reference.

• Reverse of the oscillator to required direction.
• Divergence of the oscillator and price.

Buffer indexes: 0 - Bears, 3 - SIGNAL VALUE