Importance Of " Elder Ray Index indicator" in trading..

INTRODUCTION:

Assalamu Alaikum dear forex members kesy hain ap sb log umeed ha k ap sb thk hon gy r forex trading me acha work out kr rhy hon gy. Dear members forex ek risky business ha but isky iskysth ye ek profitable business b ha q k agr hum forex market ko achy se understand krty hb usky hr ek facotrs ko study krty hn to hum bht acha profit earn kr skty hn is business se q k is me humy apny knowledge r experience ko technical Analysis me use kr k trading krni hoti ha tbhi hhm acha profit earn kr skty hn. To main apky sth ek important Indicator discuss kru ga jo k hum makret k related knowledge deta ha r market ki movement ka btata ha..

WHAT IS ELDER RAY INDEX INDICATOR:

Dear members forex market me elder ray index indicator ek most important Indicator ha forex makret me jo k buying d selling k pressure ko measure krta ha. R isko market me desgn kia gya ha. R ye buying r selling ko find krny k ly r ye bullish r bearish k components me b km krta ha. Is Indicator ko bullish r bearish k name se b identify kia ja skta ha. R isky period ko exponential k moving average k relation se show kia jta ha...



IMPORTANCE OF ELDER RAY INDEX INDICATOR:

Dear members forex market me jesy. K apko pta h k ye Indicator buying d selling k pressure ko measure krta ha. Is Indicator k two components hoty hn. Jo k bullish power f bearish power. To is ly humy trade k doran ye b mind b rkhna chahiye k jb bum isky all components ko use krty hn to humy isky Exponential Moving Average ko some rkhna chahiye. R is Indicator ko hum small timeframe me use kr skty hn. To ye bt humy mind b rkhni zaruri ha k isko hum short timeframe me ue kr skty hn.



COMPONENTS OF ELDER RAY INDEX INDICATOR:

Dear members forex market me elder ray index Indicator me do trah k components hoty hb jin ki help se hum trade active krty hn r humy confirmation milti ha trade signals ki..



i) BULLISH POWER:

Equal to daily low EMA ( N period)

ii) BEARISH POWER:

Equal to daily low EMA ( N period)

TRADING STRATEGY WITH ELDER RAY INDEX INDICATOR:

Dear members forex market me is Indicator me jb hum trading krty hb to hhmy kuch important points ko mind me rkhna chahiye tbhi hum tradin me success hasil kr skty hb. Agr buy k signl ki bt ki jae to Jb bearish power d price me divergence aa jae to humy buy ki trade active krni chahiye. Ye hhmry pas buy ka sognal hota ha. Is se humy kafi faida hasil hota ha. R agr market me bullish power lower high bny mtlb k bullish power Indicator r price ka center bearish divergence bany to tb humry pas sell ka signal hota ha jis se hum sell ki trade active krni chahiye...

Re: Importance Of " Elder Ray Index indicator" in trading..

Forex marjet main trading kay liye buying and selling pressure jan'ny kay liye traders is indicator ka use karty hain. Is indicator kay do components hain yani bulls power and bears power aur iski calculations kay liye ham exponential moving average ka use karty hain.

Bulls power.
Marjet main bulls kay control ko measure karny kay liye EMA ko price main say minus karty hain.

Bears Power.
EMA say stock ki lowest price ko subtract karny say bears power ka pata lagaya jata hay.





Settings of the Indicator.
EMA kay through jab ham bulls power ya bears power ka pata lagaty hain to ye components he hamain trafing main use karny hoty hain. Bulls power positive main rehti hay aur bears power negative main. Jab price main up trend maloom karna ho to bears power ka positive territory main any ka wait karty hain jo buyers kay control ko show karta hay. Isi tarah jab bulls power positive say negative territory main a jaye to ye hamain sellers kay control ka batata hay aur bearish trend ka batata hay.

Trading strategy.
Is indicator main hamain 13 period EMA ko base banana parta hay. Jab market kay lower kow main bear power higher low banayain, yani bear power aur price main divergence a jaye to ye buy ka signal hoga, jab keh ager market kay higher highs main bull power lower highs banay yani bull power indicator aur price kay darmian bearish divergence banay to ye strong sell ka signal hota hay.
Buy main trading kay liye ham daikhain keh ager EMA slop up nazar aye aur price EMA say above ho, aur bear power bar previous bar say higher ho to buy main trade open karain.
Isi tarah sell ki trade main, price EMA say kam hi, EMA slope don ho aur bull power decreasing main ho yani bull power bar previous bar say below ho to sell ka order place kar lain.