MetaStock™ Zone Forum & FAQ Artykuły Linki Elliott Waves EasyLanguage™ Zone

A B C D E F G H I J K L M N O P R S T U V W Y Z #

Elder's Force Index, Bull & Bear Power
rev. 01/06/97 Please refer to Dr. Elder for interpretation.

Here are the formulas for calculating the Elder Ray, and the Force Index.

Elder's Bull Power

H - Mov(C,13,E)



Elder's Bear Power

L - Mov(C,13,E)


To plot the Elder Ray:

  • Create the two custom formulas from above.
  • Open the base security.
  • Plot a 13-Period Exponential Moving Average of the closing price in a newinner window.
  • Drag the Bear Power formula and drop it in a new inner window.
  • Drag the Bull Power formula and drop it in a new inner window.

Or, you may drop all three indicators in the same inner window if you wish.

The formula for the


Elder's Force Index



To plot this formula as a histogram, after dropping the formula in aninner window, right click on the indicator and select properties. Select styles and choose the histogram.
Source / From: TOP

Equis and MetaStock® and MetaStock Professional® are registered trademarks of Equis International. Achelis Binary Wave®, The DownLoader®,
Expert Advisor®, OptionScope®, Quotecenter® and Smart Charts® are trademarks of Equis International, a Thomson Reuters company.

TradeStation® Pro, TradeStation® 2000i, OptionStation®, SuperCharts®, PowerEditor® and EasyLanguage®
are registered trademarks of TradeStation Technologies, Inc. Other names and marks referred to are the property of their respective owners.

All information provided on this website is for educational purposes only. Trading involves risk, including possible loss of principal and other losses.

Ten i inne materiały na tej stronie zostały zamieszczone zostały jedynie w celach edukacyjnych, nie ponoszę żadnej odpowiedzialno¶ci za ich stosowanie.

Gra na giełdzie i rynkach walutowych (FOREX) niesie ze sob± ryzyko poważnych strat finansowych!