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Force Index with Fast Turtle and Stochastic

21 639
Bull and Bear force/power indicator with price action signal at Oversold or Overbought Area.


GREEN Bar indicates Bull is in control
RED Bar indicates Bear is in control.
LENGTH of the bar indicate the strength of Bull or Bear.

Example of BUY

Usage#1 :
Potential BUY if the RED bar turned GREEN. (Best to Long if RED turn GREEN happen at Support)
Potential SELL if the GREEN bar turned RED.

Usage#2 :
Potential BUY if the RED bar turned BLUE (above 0) with BoD signal appears. (BEST Buy On Dip strategy)
Potential RISK BUY if the RED bar turned BLUE (below 0) with BoD signal appears (RISKY Buy on Dip where price might not have enough strength to move up)
版本注释

Force Index and Fast Turtle Stochastic Indicator

This indicator to is to measure the strength of the BULL or BEAR based on Price Action, Momentum and Volume.

How to Read :-

GREEN BAR is indicated BULL is in Control. Buy is favorable.

RED BAR is indicating BEAR is in Control. Sell is favorable.

BLUE BAR is indicating potential reversal UP.
>>>>> BLUE BAR but below 0 (RED BACKGROUD) = Reversal weak.
>>>>> BLUE BAR and above 0 (GREEN BACKGROUND) = Reversal Strong ( With STAR)


example :-

RED Bar turn GREEN bar => Look for BUY opportunity
GREEN Bar turn RED bar => Look for SELL opportunity

BLUE BAR with STAR => STRONG BUY. Minimal RISK
版本注释
Bug Fix : FiFT change with Candle Type. FiFT is not suppose to depend on Candly Type (e.g. Heikin Aishi...)
Standardize signal to avoid confusion : OB = Overbought, OS = Oversold.
版本注释
Code Clean up

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。