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Trend Direction Force Index Indicators

Moderators: mntiwana, mrtools

#1
Force Index Indicators
and
Trend direction & Force Index Indicators

This thread is specified for all sorts Force Index and Trend Direction Force Index indicators

DEFINITION of 'Force Index'

The Force Index is an oscillator that fluctuates above and below zero. It combines price movement and volume to assess the force behind price movements and spot potential trend changes. Use the following calculation to produce a 1-period Force Index:

    Force Index (1) = [Close (current period)  -  Close (prior period)] x Volume

Alexander Elder, the creator of the indicator, suggested using a 13-period Force Index:

    Force Index (13) = 13-period exponential moving average of Force Index(1)

The 13-period Force Index confirms short-term uptrends when above zero, and confirms short-term downtrends when below zero. When the Force Index Diverges with price, it indicates a trend change may be coming.
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


#2
Let us start from Averages versions first.
Trend direction & force index - averages alerts 2       
20 averages-mtf-alerts,interpolated-change color on zero line cross.
Attachments
EURUSDM15.png
EURUSDM15.png (34.07 KiB) Viewed 4952 times
image_187250.png
image_187250.png (44.57 KiB) Viewed 4986 times
Trend direction & force index - averages alerts 2.mq4
(32.18 KiB) Downloaded 744 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#3
Force Index mtf
Attachments
EURUSDM15.png
EURUSDM15.png (36.54 KiB) Viewed 4941 times
Force Index mtf.mq4
(4.12 KiB) Downloaded 389 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#4
Force Histo mtf 2           (upgraded-user friendly)
Attachments
EURUSDM15-histo.png
EURUSDM15-histo.png (36.02 KiB) Viewed 4946 times
Force Histo mtf 2.mq4
(4.14 KiB) Downloaded 346 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#5
Some smoothed versions
Trend direction & force index - smoothed 4
Attachments
EURUSDM15.png
EURUSDM15.png (35.31 KiB) Viewed 5019 times
Trend direction & force index - smoothed 4.mq4
(95.01 KiB) Downloaded 509 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


#6
Trend direction and force index - smoothed 4_1
in this version you can have mtf-26 averages choice,20 prices,vlines,lines on first bar,unique ID for lines,lines draw in what shape options,interpolation and alerts too.
Attachments
EURUSDM15.png
EURUSDM15.png (44.34 KiB) Viewed 4930 times
Trend direction and force index - smoothed 4_1.ex4
(107.39 KiB) Downloaded 413 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#7
Trend direction + force index - smoothed 4_1 histo
Attachments
EURUSDM15.png
EURUSDM15.png (37.46 KiB) Viewed 4897 times
Trend direction + force index - smoothed 4_1 histo.ex4
(100.6 KiB) Downloaded 371 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#8
Trend direction + force index - smoothed 4_2
this version having 32 latest averages and double smoothed too
Attachments
EURUSDM15.png
EURUSDM15.png (41.3 KiB) Viewed 4915 times
Trend direction + force index - smoothed 4_2.ex4
(117.67 KiB) Downloaded 347 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#9
Trend direction + force index - smoothed 4_3
VHF adaptive addition in this version
Attachments
EURUSDM15.png
EURUSDM15.png (37.41 KiB) Viewed 4911 times
Trend direction + force index - smoothed 4_3.ex4
(125.98 KiB) Downloaded 310 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#10
Trend direction + force index - smoothed 4.30 histo + lines
for this histo there is a trend mode,if trend mode = false,you get the first histo,if true you get the bottom histo

   
Attachments
EURUSDM30.png
EURUSDM30.png (50.74 KiB) Viewed 4615 times
Trend direction + force index - smoothed 4.30 histo + lines.ex4
(173.65 KiB) Downloaded 365 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


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