Elder Ray Power

Templates

Elder Ray Bear Power

L - XAVGC13

Elder Ray Bull Power

H - XAVGC13

Changing the Period

Changing the 13 to a different value will change the period of the Elder Ray Power indicator.

For example a 15 period Elder Ray Bear Power indicator can be written as follows.

L - XAVGC15

And a 12 period Elder Ray Bull Power indicator can be written as follows.

H - XAVGC12

Bars Ago Versions

You need to change the bars ago parameters on both the H or L before the minus sign and the XAVGC13 after the minus sign to create an Indicator Formula for a specific number of bars ago.

For example the Elder Ray Bear Power indicator of 2 bars ago can be written as follows.

L2 - XAVGC13.2

And a 1 bar ago version of the Elder Ray Bull Power indicator can be written as follows.

H1 - XAVGC13.1

Related Topics