Force Index System

The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Article/Author: Dr. Alexander Elder

Description: This strategy based on Force Index indicator

Function Force_Ind1 Code:

INPUTS: FORCE_I(NUMERICSERIES),LENGTH(NUMERICSIMPLE);
FORCE_IND1 = XAVERAGE(FORCE_I,LENGTH);

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 THIS BAR ON THE CLOSE;



IF FORCE_IND1(VOLUME*(CLOSE - CLOSE[1]),LENGTH1) CROSSES ABOVE 

	FORCE_IND1(VOLUME*(CLOSE - CLOSE[1]),LENGTH2) THEN BUY THIS BAR ON THE CLOSE;