What is the bulls and bears power indicator?
The Bulls and Bears Power indicator was developed by the well-known technical analyst Alexander Elder and is described in his book, Trading for a Living. Although the concept may at first seem slightly complicated, it is actually very simple and uses just the price and an exponential moving average. Let’s study the two components:
Trading Articles
The Ichimoku Cloud consists of five lines plotted on a candlestick chart. Being originally a Japanese indicator, many of the original terms have Japanese names, so let’s start with them...
If you want to start investing in the financial markets you need to understand the meaning of the words ‘Bull’ and ‘Bear’ markets. This is because they describe the major forces at work within the market which can directly affect your portfolio.
Candlestick charts are many traders’ favourite way of looking at price movements of a share or commodity. Let’s take a closer look and see how to identify different types of candlestick patterns.
Trading Articles
Educational articles for all types of traders of all levels. Get a grasp of how CFDs work with our guides and find out more about trading in general.
See All
What is Ichimoku Cloud and how to read it?
The Ichimoku Cloud consists of five lines plotted on a candlestick chart. Being originally a Japanese indicator, many of the original terms have Japanese names, so let’s start with them...
How to Identify Different Types of Candlestick Patterns?
Candlestick charts are many traders’ favourite way of looking at price movements of a share or commodity. Let’s take a closer look and see how to identify different types of candlestick patterns.