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The Bull & Bear Power — Coding Technical Indicators

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The Bull & Bear Power — Coding Technical Indicators

Creating and the Bull & Bear Power Index in Python

Sofien Kaabar, CFA
Sep 21, 2022
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The Bull & Bear Power — Coding Technical Indicators

abouttrading.substack.com

There are many methods to measure who is in control, bulls or bears, and among those methods is Elder Ray’s bull bear power Indicator where it uses simple formulas to approximate this implied technical strength. In this article, we will code the indicator and then judge it from an objective point of view.

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