1. A very simple indicator designed by Dr Alexander Elder, the Force Index (FI) is calculated using the most recent closing price (Cn), the previous closing price (Cn-1), and the most recent volume (Vn): FI = (Cn - Cn-1) * Vn. Force Index | Stock Indicators for .NET The 2-day EMA of Force is used to track the strength of buyers and . Force Index - Tutorial and Examples - Day Trading What is the Force Index? | MailBag | StockCharts.com Screenshots Indicator / Formula. Elder Force Index Indicator (Usage, Examples) Formula What Is The Force Index Indicator & How To Trade With It High positive values mean there is a strong rising trend, and low values signify a strong downward trend. Indice Elder's Force (EFI) — Oscillatori Momentum — Indicatori e ... Values above 0 indicate a current buying trend, while values below 0 indicate a selling trend. Metastock Formulas - D 1 Based on the Elder Force Index (EFI) indicator, the Viral Force Index (VFI) attempts to normalize the original indicator by plotting EFI on the interval ]-100, 100 [. When the indicator calculated value is positive this shows Bullish trend. MTF Force Index Binary for ThinkorSwim - useThinkScript This makes the force index indicator easily accessible to traders all over the globe and of all experience levels. Exit sell trade: Close all sell orders if while a bearish trend is running, the dodger blue line of the Force Index (FRC) indicator . Ulcer Index Indicator. Here are the formulas for calculating the Elder Ray, and the Force Index. It does not return a single incremental indicator value. The force index indicator is a technical tool used by traders to measure the power behind movements in the price action. Here is a Binary indicator that shows 5 different lengths of the Force Index" bullish or Bearish " over 3 different Time frames. This technical indicator was designed by Alexander Elder (sometimes called the Elder Force Index), to identify the force of the move and brings together three pieces of data: Direction of price change