Description
Bear power subtracts an exponential moving average from the corresponding low price of that trading day.
Bear Power represents the ability of the bears to push prices below the average consensus of value.
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hobaho
Joined on 02.08.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: EFBearPower.algo
- Rating: 5
- Installs: 3674
- Modified: 13/10/2021 09:54
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Comments
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Hello and thank you!
its a great tool to confirm my trades. i got both Bear and Bull powers. should i use them together?
in my opinion its way better indicator than volume.
Well done sir, well done!