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Add Elder-Ray Index #154

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jealous opened this issue Jun 23, 2023 · 0 comments
Closed

Add Elder-Ray Index #154

jealous opened this issue Jun 23, 2023 · 0 comments
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@jealous
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jealous commented Jun 23, 2023

The Elder-Ray Index contains the bull and the bear power.
Both are calculated based on the EMA of the close price.

The default window is 13.

Formular:

  • Bulls Power = High - EMA
  • Bears Power = Low - EMA
  • EMA is exponential moving average of close of N periods

Examples:

  • df['eribull'] retrieves the 13 periods bull power
  • df['eribear'] retrieves the 13 periods bear power
  • df['eribull_5'] retrieves the 5 periods bull power
  • df['eribear_5'] retrieves the 5 periods bear power
@jealous jealous self-assigned this Jun 23, 2023
jealous added a commit that referenced this issue Jun 23, 2023
The Elder-Ray Index contains the bull and the bear power.
Both are calculated based on the EMA of the close price.

The default window is 13.

Formular:
* Bulls Power = High - EMA
* Bears Power = Low - EMA
* EMA is exponential moving average of close of N periods

Examples:
* `df['eribull']` retrieves the 13 periods bull power
* `df['eribear']` retrieves the 13 periods bear power
* `df['eribull_5']` retrieves the 5 periods bull power
* `df['eribear_5']` retrieves the 5 periods bear power
jealous added a commit that referenced this issue Jun 23, 2023
The Elder-Ray Index contains the bull and the bear power.
Both are calculated based on the EMA of the close price.

The default window is 13.

Formular:
* Bulls Power = High - EMA
* Bears Power = Low - EMA
* EMA is exponential moving average of close of N periods

Examples:
* `df['eribull']` retrieves the 13 periods bull power
* `df['eribear']` retrieves the 13 periods bear power
* `df['eribull_5']` retrieves the 5 periods bull power
* `df['eribear_5']` retrieves the 5 periods bear power
jealous added a commit that referenced this issue Jun 23, 2023
The Elder-Ray Index contains the bull and the bear power.
Both are calculated based on the EMA of the close price.

The default window is 13.

Formular:
* Bulls Power = High - EMA
* Bears Power = Low - EMA
* EMA is exponential moving average of close of N periods

Examples:
* `df['eribull']` retrieves the 13 periods bull power
* `df['eribear']` retrieves the 13 periods bear power
* `df['eribull_5']` retrieves the 5 periods bull power
* `df['eribear_5']` retrieves the 5 periods bear power
@jealous jealous closed this as completed Jun 23, 2023
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