/Linear-Regression-Bull-and-Bear-Power-indicator-with-HMA

BBP is a tradingview indicator created by Nico.Muselle in pinescript. I have taken the trouble to adapt the code to python and add a small improvement.

Primary LanguagePython

Improved Linear Regression Bull and Bear Power (BBP) in Python

BBP is a tradingview indicator created by Nico.Muselle in pinescript, this indicator is quite good for scalping and I have taken the trouble to adapt the code to python

Description

BBP is based on the Bull and Bear Power indicator, therefore it's a good indicator to detect microtrends in the asset's price, it can be a good complement to a scalping strategy in short timeframes.

libraries required - Python 3.6 or later

  • sklearn.
  • talib.
  • pandas.
  • numpy.

How to Use

# import the package
from Linear_regresion_BBP import makeBBP #this function returns a pandas series with the indicator values and the raw dataset

df =  pd.read_csv("dataframe.csv")  
bbp,sl = makeBBP(df,10) #(df,period) 
print(bbp)

Sample Figure

Sin título-1