Bulls vs Bears Histogram is a momentum-strength oscillator that visually compares bullish and bearish pressure using RSI and a smoothed T3 version of RSI. Displayed as a dual-color histogram in a separate window, it shows which side of the market is in control and how strong that control is, making momentum shifts easy to identify at a glance.

The core logic is simple but effective: the standard RSI represents raw momentum, while the T3-smoothed RSI acts as a signal line that filters noise. When RSI is above the T3 RSI, bullish pressure dominates and the histogram favors the bullish color. When RSI drops below the T3 RSI, bearish pressure takes over and the histogram switches accordingly. Reference levels at 20, 50, and 80 help identify oversold, neutral, and overbought conditions, adding context to each momentum phase. Because calculations are based on closed candles, signals remain stable and non-repainting.