DDDiving1993

Force Index

// 2020.7.30 version
// This indicator is for the second filter in Triple Screen Trading System
// force index will combine volume and price together to decide the power of price change
// force index = volume * (Change of Price)
// try to smooth the series of force index by ema force index

// Method to use this index
// This indicator is for the second filter in Triple Screen Trading System
// if Trend is bull, long when force index is below 0
// if Trend is bear, short when force index is above 0
// As for how to decide bullish market or bearish market, please check it according to the first filter of Triple Screen Trading System

开源脚本

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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