+1 888 340 6572

Force Index System

Article/Author: Dr. Alexander Elder

Download: fidxsys.ela

File Includes:
Signal - Force_Index
Function - Function"Force_Ind1

Category: Strategy > Force Index System

Description: This strategy based on Force Index indicator

Signal Force_Index ELA Code:
INPUTS: LENGTH1(2),LENGTH2(13);


IF FORCE_IND1(VOLUME*(CLOSE - CLOSE[1]),LENGTH1) CROSSES BELOW
FORCE_IND1(VOLUME*(CLOSE - CLOSE[1]),LENGTH2) THEN SELL ON THE CLOSE;

IF FORCE_IND1(VOLUME*(CLOSE - CLOSE[1]),LENGTH1) CROSSES ABOVE
FORCE_IND1(VOLUME*(CLOSE - CLOSE[1]),LENGTH2) THEN BUY ON THE CLOSE;


Function Force_Ind1 ELA Code:
INPUTS: FORCE_I(NUMERICSERIES),LENGTH(NUMERICSIMPLE);


FORCE_IND1 = XAVERAGE(FORCE_I,LENGTH);