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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
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
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
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:
Examples:
df['eribull']
retrieves the 13 periods bull powerdf['eribear']
retrieves the 13 periods bear powerdf['eribull_5']
retrieves the 5 periods bull powerdf['eribear_5']
retrieves the 5 periods bear powerThe text was updated successfully, but these errors were encountered: