Elder RayBull/Bear Power

艾尔德力度指标

Stock TechnicalP2Composite/OtherApplies to: US stocks

Definition

Separately measures bull and bear power relative to the EMA.

Formula

Bull=H−EMA(C,13), Bear=L−EMA(C,13)

How to read it

In an uptrend, Bear<0 but recovering = buy point; divergence warns of reversal.

Inputshigh, low, closeOutputoscillator
Data source: H, L, C. Public knowledge, not investment advice.

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Reference metadata — public, well-known indicator definitions. Not investment advice.