Elder-ray.afl
上传用户:shiqiang
上传日期:2009-06-12
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文件大小:1k
- //------------------------------------------------------------------------------
- //
- // Formula Name: Elder-ray
- // Author/Uploader: Rob Stewart
- // E-mail: stewartr@mediaone.net
- // Date/Time Added: 2001-08-10 19:11:45
- // Origin: Dr. Alexander Elder "Trading For A Living"
- // Keywords: "Elder-ray"
- // Level: semi-advanced
- // Flags: commentary
- // Formula URL: http://www.amibroker.com/library/formula.php?id=97
- // Details URL: http://www.amibroker.com/library/detail.php?id=97
- //
- //------------------------------------------------------------------------------
- //
- // 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 Bear Power.alf and Elder Bull Power.alf
- //
- //------------------------------------------------------------------------------
- Commentary file only - describes how to setup the Elder-ray portion of Dr. Alexander Elder's
- Elder-ray indicator.
- Setup a price bar graph with an EMA 13.
- Also load the other 2 indicators; Elder Bull Power and Elder Bear Power.
- You trade in the direction of the slope of the EMA (the trend), and use Bear/Bull power
- to determine entry and exit points for your trades in the direction of the trend.