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).
用通俗的话解释
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.
计算方法
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)如何使用
- 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.
得出结论
- Bulls Power making lower highs while the price makes higher highs is a warning that buyers are tiring (divergence).
示例
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.
示例中的价格仅作说明。
注意事项
- Use them together with the trend direction, not on their own.
一点历史
Dr Alexander Elder, described in his 1993 book "Trading for a Living" as the Elder-Ray.
仅供学习参考。 没有任何指标或形态能预测未来，本页内容均不构成投资建议。