Every UNH chart is already running two separate arguments about who's actually in control, updated every single day, that never show up as one line.
It isn't a moving average.
It isn't a trend channel drawn by hand.
It isn't volume, and it isn't an oscillator bounded between two fixed levels.
It's two numbers, one for how far buyers pushed and one for how far sellers pushed, measured against the same rolling average every day, and almost nobody watches the exact instant either one crosses back through zero.
That comparison isn't new. It's over three decades old, documented in the book that first introduced it, and it still runs on the same 13-day window it always has.
This isn't a lagging trend overlay.
It doesn't net the two arguments against each other and hand you one blended number.
It's two lines, and one specific kind of cross on either of them, on UNH specifically, every day, that its own creator flagged as an unusually strong tell.
Not a feeling. Not eyeballing which line looks bigger. One cross, marked with a small triangle sitting right where it happened.
What those two lines are actually measuring, the exact crosses this script is built to flag, and the 9 exact steps to get it live on your own UNH chart in the next few minutes, are all laid out below.
Nothing here is a promise about what happens after that cross. That part is still on you. But the moment itself, the one almost nobody has set up their chart to actually see the instant it happens, is $7 and about 2 minutes away.
A Trading Habits Indicator
Elder Ray Bull/Bear Power 13
Alexander Elder's 13-period Bull Power / Bear Power reading, coded for TradingView and tuned for UNH on daily candles.
- Includes A TradingView Indicator, plus an 8-page cheat sheet PDF
- Author TradingHabits.com
- Format Instant download, delivered right after checkout
- Covers What Elder Ray measures and the logic behind it, the standard 13-period convention and where it comes from, how to read the signals, and exact numbered install steps for TradingView
This is a standard, documented indicator, coded clean and tested live on a real chart before it shipped.
What's Inside
20 Things This Cheat Sheet Actually Says
- 01The exact two-line split this index breaks the market into, and why they're never meant to be netted against each other, so you're reading two separate stories about who's in control instead of one blended number.Page 2
- 02What a healthy uptrend is supposed to look like on both lines at once, according to the method's own creator, so you know what "normal" actually looks like before you go looking for something abnormal.Page 2
- 03The exact two events, out of everything both lines could theoretically do, this script is built to flag, so you're watching for two specific, unusual tells instead of every wiggle in a busy pane.Page 2
- 04The two lines of math this cheat sheet prints in full, letter for letter, so you can verify both calculations yourself instead of taking a black-box indicator on faith.Page 2
- 05Why this method uses an exponential moving average instead of a simple one, and what that choice buys you in responsiveness, so you know exactly what kind of rolling average is sitting underneath both lines.Page 2
- 06Three named sources this cheat sheet cites for where the 13-period default actually comes from, so you can go check the history yourself instead of taking this cheat sheet's word for it.Page 3
- 07Why zero isn't a threshold picked for this product on either line, and what it actually represents inside the math itself, so you understand both signals are measuring something real, not an arbitrary level.Page 3
- 08What the value of a documented convention actually buys you as a trader, explained in plain terms, so you know why this script didn't just pick whatever number looked good on a backtest.Page 3
- 09The one setting inside this script's gear icon that isn't locked to the documented default, and what changing it costs you, so any tweak you make is a deliberate choice, not an accident.Page 3
- 10The specific liquidity property this cheat sheet says UNH has that makes a rolling-average-based read worth calculating in the first place, so you understand why the instrument underneath a signal matters as much as the signal itself.Page 4
- 11Where this cheat sheet places a 13-day window on the spectrum between an intraday read and a long-term trend filter, so you understand exactly what kind of trader this pairing is built for.Page 4
- 12How many calendar weeks of price history sit behind a single reading on this exact timeframe, spelled out in plain terms, so you can picture what the rolling average is actually built from.Page 4
- 13What color each line is on the chart and which side of zero it's supposed to sit on by default, so you can read who's in control at a glance without reading a single number.Page 4
- 14What has to happen on the bar's close, not just a brief touch of zero, before this script will call something a cross, so a single stray bar doesn't send you chasing a move that never actually confirmed.Page 5
- 15The exact shape and color used for the bullish marker versus the bearish marker, and which of the two lines each one actually belongs to, so you can glance at a live chart and know instantly what just happened.Page 5
- 16What this cheat sheet states outright about what this script has zero knowledge of regarding the person using it, so your own risk decisions stay in your own hands instead of getting handed off to a script.Page 5
- 17Nine numbered steps stand between opening TradingView and having this indicator live and alerting on a UNH chart, so the whole setup fits into a coffee break instead of an afternoon lost to a manual.Page 6
- 18The exact confirmation message TradingView itself displayed, timestamped, the moment this script compiled clean on a live chart, so you're seeing actual proof it works instead of taking "it works" on faith.Page 7
- 19What this cheat sheet calls expected behavior, not a flaw, during a sideways, directionless stretch on the chart, so a rough patch doesn't have you doubting a tool that's doing exactly what it was built to do.Page 7
- 20What this cheat sheet says was never run to produce this product, and the specific claim it explicitly refuses to make anywhere inside it, so what you're buying is an honest tool, not a sales pitch dressed up as one.Page 8
HABITS
★
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60-Day, No-Questions-Asked
If Elder Ray Bull/Bear Power 13 doesn't earn its place in your indicator list, email us any time within 60 days of purchase for a full refund. No form to fill out. No reason required.
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