elder-ray.afl

一个更精度的平滑涵数, 可用于股票交易系统.用于Amibroker 平台

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//
//  Formula Name:    Elder-ray
//  Author/Uploader: Rob Stewart 
//  E-mail:          [e-mail]
//  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
//
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//
//  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
//
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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.