How Do You Read Bulls Power Indicator Buy Signal & Sell Signal?

Bulls Power Indicator Buy Signal

How Do You Read Buy Signal Using Bulls Power Indicator?

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

This Bulls Power indicator buy signal tutorial explains how to read buy signals using the Bulls Power indicator as shown below:

Buy Signal

A buy signal gets generated when Bulls Power oscillator moves above Zero.

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

How Do I Read Buy Signals Using Bulls Power Indicator

Exit Signal

If the HIGH falls under EMA then it means that price are starting to fall, the Bulls Power histogram falls below the zeroline.

The Triple Screen technique for this indicator suggests identifying the price trend on a higher chart interval (like daily time frame) and applying the bulls power on a lower chart timeframe interval (like hourly time frame). Signals are traded according to the indicator but only in direction of the long-term trend on the higher chart time frame.

How Do You Read Buy Signals Using Bulls Power Indicator

Bulls Power Indicator Sell Signal

How Do You Read Sell Signal Using Bulls Power Indicator?

Bulls Power Indicator is used to Read Buy Signals Only

How Do I Read Sell Signals Using Bulls Power Indicator