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Power Bears Down

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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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 possi
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Savia Forex Software Solutions
Fibonacci Retracements Pro The Fibonacci Retracements Pro is a powerful yet easy to use indicator. It automatically plots all the important Fibonacci retracement and extension levels for you. FRP is dynamic powerful and seamlessly adjusts to whatever timeframe you are analyzing. Fibonacci Retracement Pro is optimized for ALL timeframes and ALL Currency pairs, Indices, Commodities, and Cryptocurrency pairs. Trade with improved confidence and maximize your success rate. Benefits Dynamic and Power
The Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indicator
Fnix l long position
Monique Ellen Miranda Dos Santos
Sind Sie als Investor auf der Suche nach langfristigen Möglichkeiten auf dem Finanzmarkt? Ich präsentiere Ihnen den benutzerdefinierten Langzeit-Trendindikator. Dieser Indikator ist für Trader konzipiert, die Positionen auf längeren Zeiträumen als täglichen, wöchentlichen und monatlichen Charts handeln möchten. Mit klaren und präzisen Signalen erhalten Sie die Unterstützung, die Sie benötigen, um fundierte Entscheidungen zu treffen. Hauptmerkmale: Langzeitstrategie: Dieser Indikator eignet sich
Daotradingfx
Huynh Cong Chinh
"Daotradingfx - Der perfekte Schlüssel für Wellenhandel mit 7 Jahren Erfahrung" Der Devisenhandel ist niemals einfach, aber mit dem Daotradingfx-Indikator habe ich einen zuverlässigen Partner gefunden, der die Tür zum Erfolg im Wellenhandel öffnet. Dieser Indikator wurde auf der Grundlage meiner 7-jährigen Handelserfahrung entwickelt und ist nicht nur ein Werkzeug, sondern eine umfassende Darstellung des Marktverständnisses und der Benutzerfreundlichkeit beim Handeln. Daotradingfx sticht d
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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 possi
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