What is Bulls Power Buy Trading Signal & Sell Signal?

Bulls Power Buy Signal

How Do I Generate Buy Trading Signal Using Bulls Power Indicator

Steps on how to generate buy signals using Bulls Power indicator:

This Bulls Power buy signal guide explains how to generate buy signals using the Bulls Power like illustrated and shown below:

Buy Trading Signal

A buy trade signal is generated/derived when the Bulls Power oscillator technical indicator moves above Zero.

In an upward trend, the HIGH is higher than EMA, so the Bulls Power is above zero and Histogram Oscillator Indicator is located above zeroline.

How to Generate Buy Trading Signals Using the Bulls Power Indicator

Exit Signal

If the HIGH falls under Exponential Moving Average then it means that the prices are beginning to drop, the Bulls Power histogram falls below zeroline.

The Triple Screen method for this technical indicator suggests that spotting the market trend on a higher chart time frame interval (like daily chart time frame) and applying the bulls powers technical indicator on a lower chart time frame interval (like hourly chart time frame). Trading Signals are traded and transacted according to the indicator but only in direction of the long-term trend in the higher chart time=frame.

How to Generate Buy Trade Signals Using the Bulls Power Indicator

Bulls Power Sell Signal

How Do I Generate Sell Signal Using Bulls Power Indicator

Bulls Power is used to Generate Buy Trading Signals Only

How to Generate Sell Trade Signals Using the Bulls Power Indicator

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