Elder Bull Power
Elder Bull Power in Amibroker measures the strength of bullish momentum. Leveraging the Amibroker data feed, this indicator assists traders in evaluating the upward pressure and strength of bullish trends.
/_SECTION_BEGIN("Elder Bull Power");
//
// Elder-ray combine the best features of trend-following indicators and
// oscilators. It includes an exponential moving average, which is a
// trend-following indicator. Its Bull Power and Bear Power components are
// oscillators.
//
// See also Elder-ray.alf and Elder Bear Power.alf
//
//------------------------------------------------------------------------------
Graph0Style = 2;
Graph1Style=2;
Graph0Color=12;
Graph1Color=5;
Graph0 = High - EMA(Close,13);
_SECTION_END();