Description
Bull Power represents the ability of the bulls to raise prices above the average consensus of value.
Uses an exponential moving average, which is a trend-following indicator essential to the calculation. Bull power is a simple calculation, derived by subtracting an exponential moving average of closing prices from a high price.
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Joined on 02.08.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: EFBullPower.algo
- Rating: 5
- Installs: 3946
- Modified: 13/10/2021 09:54
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