Pricing plans and indicator
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The Elder Ray
Dr. Alexander Elder cleverly named his first indicator Elder ray because of its function, which is designed to see through the market like an X-ray machine.
Elder-ray indicator or Elder-ray index has two key components (bull power and bear power) as well as exponential moving averages (EMAs), which are trend-following indicators essential to the calculation.
Mathematically, bull power is derived by subtracting an exponential moving average (perhaps a 13-day EMA) of closing prices from a high price of any given security.
Bear power subtracts the EMA from the corresponding low price of that trading day. Both bull power and bear power values are plotted as histograms under the bar chart of your chosen security.
We're trading FOREX with the Algo Builder Crypto Intraday 5-minutes and Algo Builder Universal 15-minutes
A quite note
Each screenshot below is clickable and can be enlarged for better visibility
