er_power
Function Name: er_power
Tags: None
Category: Trend
Dr. Elder cleverly named his first indicator "Elder-ray" by virtue of its function, which is figuratively similar to that of x-rays. Developed in 1989, the Elder-Ray helps determine the strength of competing groups of bulls and bears by gazing under the surface of the markets for data that may not immediately be ascertainable at a mere superficial glance at prices.
Author: Dr. Alexander Elder
Source: "Trading for a Living: Psychology, Trading Tactics, Money Management"
Link: http://www.investopedia.com/articles/trading/03/022603.asp
period |
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Default Value: 13 | Minimum: 2 | Maximum: 9999 |
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Type: Numeric |
UseBullPower |
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Default Value: -1 |
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Type: Boolean |
UseBearPower |
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Default Value: 0 |
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Type: Boolean |
ShowLine |
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Default Value: 0 |
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Type: Boolean |
ShowHistogram |
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Default Value: -1 |
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Type: Boolean |
ShowTraderMark |
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Default Value: -1 |
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Type: Boolean |