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Re: Trend Direction Force Index Indicators MT4
Posted: Thu Dec 15, 2022 3:57 am
by mrtools
Tradehunter wrote: Thu Dec 15, 2022 3:55 am
Would lines be easier?
No would be the same problem.
Re: Trend Direction Force Index Indicators MT4
Posted: Tue Dec 20, 2022 3:51 pm
by andrei-1
Updated trending version (41). Even smoother*, even faster.
Re: Trend Direction Force Index Indicators MT4
Posted: Tue Dec 20, 2022 5:18 pm
by sal
andrei-1 wrote: Tue Dec 20, 2022 3:51 pm
Updated trending version (41). Even smoother*, even faster.
Re: Trend Direction Force Index Indicators MT4
Posted: Tue Dec 20, 2022 7:04 pm
by andrei-1
sal wrote: Tue Dec 20, 2022 5:18 pm
Re: Trend Direction Force Index Indicators MT4
Posted: Sat Dec 31, 2022 4:37 pm
by Jedidiah
indicator author
Darks wrote: Sun Jan 30, 2022 3:58 am
Multi time frame version of the same
Force index, originally developed by Alexander Elder is an indicator used to gauge the buying and selling strength of an asset.
Formula:-
Force index(1) = (current price - previous price) x current volume
Force index(13) = EMA(13) of Force index(1)
This version:-
Although it is conventionally used as a zero line cross indicator but this tool has other unrecognized qualities. It is capable of showing impulsive moves, breakouts and even reversal points on chart. This is done with the addition of volume/volatility bands. Some examples below
Breakouts and impulsive moves
Re: Trend Direction Force Index Indicators MT4
Posted: Sat Dec 31, 2022 5:47 pm
by vvFish
Re: Trend Direction Force Index Indicators MT4
Posted: Wed Jan 11, 2023 1:40 pm
by Chickenspicy
andrei-1 wrote: Tue Dec 20, 2022 3:51 pm
Updated trending version (41). Even smoother*, even faster.
Can we call this indicator Cloud & Lightning and
add some colorful ichimoku clouds with Kvaks e averages please? With gratitude!
Re: Trend Direction Force Index Indicators MT4
Posted: Wed Jan 11, 2023 7:50 pm
by andrei-1
chickensword wrote: Wed Jan 11, 2023 1:40 pm
call this indicator Cloud & Lightning
Fast version
Re: Trend Direction Force Index Indicators MT4
Posted: Wed Jan 11, 2023 7:58 pm
by andrei-1
This one is better
Re: Trend Direction Force Index Indicators MT4
Posted: Sat Jan 14, 2023 2:16 am
by kvak
chickensword wrote: Wed Jan 11, 2023 1:40 pm
Can we call this indicator Cloud & Lightning and
add some colorful ichimoku clouds with Kvaks e averages please? With gratitude!
Hello, your PM request....I add averages only for first calculations....
Dont know if it would be useful, but test it and tell us....