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).
सरल शब्दों में विचार
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.
गणना कैसे होती है
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)इसका उपयोग कैसे करें
- 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.
निष्कर्ष निकालना
- Bulls Power making lower highs while the price makes higher highs is a warning that buyers are tiring (divergence).
उदाहरण
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.
उदाहरणों में कीमतें केवल समझाने के लिए हैं।
इन बातों का ध्यान रखें
- Use them together with the trend direction, not on their own.
थोड़ा इतिहास
Dr Alexander Elder, described in his 1993 book "Trading for a Living" as the Elder-Ray.
केवल शैक्षिक सामग्री। कोई इंडिकेटर या पैटर्न भविष्य की भविष्यवाणी नहीं करता, और यहाँ कुछ भी निवेश सलाह नहीं है।