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Elder's Ray, BullPower and BearPower 5 *
In this pack there are three indicators:
- Elder's Ray: composed by BullPower line and BearPower line;
- BullPower only, histogram version
- BearPower only, histogram version

This is an oscillator created by Alexander Elder and explained in his famous book "Trading For a Living". The oscillator formula is simple but useful at the same time:
- BullPower = CurrentHigh - EMA(13, Close)
- BearPower = CurrentLow - EMA(13, Close)


Category NinjaTrader 7 Indicators 
 
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Details: Elder's Ray, BullPower and BearPower
Category: NinjaTrader 7 Indicators 


July 14th, 2015
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Keywords: elder indicator ninjatrader oscillator ray elderray
Elder Impulse System Strategy 4 *
An implementation of the Elder Impulse trading system. Includes support for a second, higher time frame period for determining trend and momentum. The background is painted pink when the higher time frame trend and momentum is down, and green when it is up. The rules for entering and exiting a trade are described here on Investopedia.


Category NinjaTrader 6.5 Strategies 
 
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Category: NinjaTrader 6.5 Strategies 


May 31st, 2010
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Keywords: elder impulse shodson strategy system
Elder Impulse System 5 *
This is an implementation of the Elder Impulse System as a lower study. You can learn more about this system from Investopedia and StockCharts.com

NT 6.5: Yes
NT 7.0: Not tested


Category NinjaTrader 6.5 Indicators 
 
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Category: NinjaTrader 6.5 Indicators 


May 5th, 2010
Size: 5.71 KB
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Keywords: elder impulse macd shodson
 


 
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