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Bull Power

Bull Power indicates the strength of buyers in the market. The best AFL code for Amibroker using Bull Power calculates the difference between the highest price and a chosen moving average. When this difference is positive, it suggests the bulls are in control.

/_SECTION_BEGIN("Elder Bull Power.afl");
Graph0Style = styleLine;
Graph1Style=2;
Graph0Color=12;
Graph1Color=5;
Graph0 = High - EMA(Close,13);
_SECTION_END();

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