Market Intelligence › Basic Terminologies
How much control do buyers and sellers have over their average price?
Published by The Retail Trader · JUL 31, 2026 · Indicators
Elder Ray (Bull / Bear Power) — How much control do buyers and sellers have over their average price.
This term comes under Indicators, in the "And TOOLS that appear every day" section. These are not as famous as RSI and MACD, but their names are often heard on charts:
Other terms in this group — understanding them together is more useful:
• Keltner Channel
• Donchian Channel
• Williams %R
• CMF (Chaikin Money Flow)
• Accumulation / Distribution Line
• Awesome Oscillator
• TRIX
• Aroon
• Vortex
• ZigZag
• Linear Regression Channel
• Supertrend Multiplier
To read the entire group and all its examples in one place, see the journal "INDICATORS: FORMULA TOOLS" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.