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DDDiving1993
30 lug 2020 13:32

Force Index 

Bitcoin / Tether USDHTX

Descrizione

// 2020.7.30 version
// This indicator is for the second filter in Triple Screen Trading System
// force index will combine volume and price together to decide the power of price change
// force index = volume * (Change of Price)
// try to smooth the series of force index by ema force index

// Method to use this index
// This indicator is for the second filter in Triple Screen Trading System
// if Trend is bull, long when force index is below 0
// if Trend is bear, short when force index is above 0
// As for how to decide bullish market or bearish market, please check it according to the first filter of Triple Screen Trading System

Commenti
EduardDCCM
Love it, thanks for sharing
krishina
The indicator seems to work just fine sir. Congratulations. Just a question: is the green line the bulls and the red line the bears?
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