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Elder's Force Index & EMA

Combining Exponential Moving Average ( EMA ) with Elder's Force Index ( EFI ).
EFI measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values, above and below a Zero Line.
Using EMA with EFI helps to find signal for Entry and Exit.
Red Line = EFI
Blue Line= EMA6
Yellow LIne = EMA20
Not recommended to be as as a stand-alone signal generator but in conjunction with additional indicators and technical analysis.
EFI measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values, above and below a Zero Line.
Using EMA with EFI helps to find signal for Entry and Exit.
Red Line = EFI
Blue Line= EMA6
Yellow LIne = EMA20
Not recommended to be as as a stand-alone signal generator but in conjunction with additional indicators and technical analysis.
受保护脚本
此脚本以闭源形式发布。 However, you can use it freely and without any limitations – learn more here.
免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
受保护脚本
此脚本以闭源形式发布。 However, you can use it freely and without any limitations – learn more here.
免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.