Force Index
This indicator aims to identify divergences and buy\sell signals. It considered the volumes of the instrument suggesting that when there is a lack of volume the market is prone to a reversal.
Calculation Smoothing the Force Index is advised, as its raw values may be irregular which may lead to in false trading signals. Smoothing can be performing using the Exponential Moving Average over the Force Index. Signals
![]() For short term trading use a 2-day EMA, and for intermediate term trading a 13-day EMA is recommended. |
