Oscillators
Bulls Power and Bears Power (Elder-Ray)
Two bars that show how far buyers pushed the price above its average (Bulls) and sellers pushed it below (Bears).
הרעיון במילים פשוטות
The moving average is the market's consensus of value. The high of a candle shows the most buyers could achieve; the low shows the most sellers could. Comparing each with the average shows the strength of each side.
איך זה מחושב
Bulls Power is the candle's high minus a 13-period EMA; Bears Power is the low minus that EMA.
Bulls Power = high − EMA(close, 13)
Bears Power = low − EMA(close, 13)איך משתמשים בזה
- In an uptrend (EMA rising), look to buy when Bears Power is negative but rising: sellers are losing strength.
- In a downtrend, look to sell when Bulls Power is positive but falling.
הסקת מסקנות
- Bulls Power making lower highs while the price makes higher highs is a warning that buyers are tiring (divergence).
דוגמה
EURUSD is in an uptrend. On a pullback Bears Power drops to −0.0040, then rises to −0.0015 over three candles while the EMA keeps rising: a typical Elder-Ray buying setup.
המחירים בדוגמאות להמחשה בלבד.
ממה להיזהר
- Use them together with the trend direction, not on their own.
קצת היסטוריה
Dr Alexander Elder, described in his 1993 book "Trading for a Living" as the Elder-Ray.
תוכן לימודי בלבד. שום אינדיקטור או תבנית לא חוזים את העתיד, ושום דבר כאן אינו ייעוץ השקעות.