System trading Bull Power Bear Power

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Uploaded: 14.07.2008
Content: 80714192729007.exe (346,73 kB)

Description

Systems of bull / bear forces are based on the concept of bull / bear force, developed and presented by Alexander Elder. Bull's strength is calculated by subtracting from the maximum price 13-Periodically exponential moving average. Usually, it is displayed as a graph above and below the oscillating zero line. A reading above zero line gives strength bulls. Bear Power is calculated by subtracting the 13-Periodically exponential moving average of the minimum price. It also appears in the form of a graph, an oscillating above and below the zero line. The value below the zero line gives power bears.

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