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Power Bears Rich

1 000 USD

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Demo heruntergeladen: 1

Veröffentlicht: 7 Januar 2023

Aktuelle Version: 1.1

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Power Bears Rich

Indikatoren
Pham Trong Khanh
Version: 1.1
Aktivierungen: 5

Everyday trading represents a battle of buyers ("Bulls") pushing prices up and sellers ("Bears") pushing prices down. Depending on what party scores off, the day will end with a price that is higher or lower than that of the previous day. Intermediate results, first of all the highest and lowest price, allow to judge about how the battle was developing during the day.

It is very important to be able to estimate the Bears Power balance since changes in this balance initially signalize about possible trend reversal. This task can be solved using the Bears Power oscillator developed by Alexander Elder and and described in his book titled Trading for a Living. Elder based on the following premises when deducing this oscillator:

moving average is a price agreement between sellers and buyers for a certain period of time,
the lowest price displays the maximum sellers' power within the day.

On these premises, Elder developed Bears Power as the difference between the lowest price and 13-period exponential moving average (LOW - EMA).

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This indicator prepared by using 311,1298 days Haskaya Trend Bandse and Calculates the strand ADX. This system can be used for 5M time frame. This system is for Long term and profitable. Signals are shown as arrows. as an optional, you can set a voice alarm or email notification You can fins our other products from link : https://www.mql5.com/en/users/drbastem/seller Also, you can ask all your questins from email : haskayafx@gmail.com or mobile : +90 530 867 5076 or @Meh

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This indicator prepared by using Haskayafx Target Line Indicators . This system can be used for 30M time frame and All Symbols. This system is for Long term and profitable. Signals are shown as arrows. as an optional, you can set a voice alarm or email notification You can fins our other products from link : https://www.mql5.com/en/users/drbastem/seller Also, you can ask all your questins from email : haskayafx@gmail.com or mobile : +90 530 867 5076 or @MehmetBastem

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