Elder's force index impulse

Biticon 已更新   
Force Index is an oscillator. It combines volume with prices
to discover the force of bulls or bears behind every rally or decline.
It brings together three essential pieces of information the direction of price
change, its extent, and the volume during that change. It provides a practical way of
using volume for making trading decisions.
Force Index can be used in its raw form, but its signals stand out much more
clearly if we smooth it with a moving average. Using a short EMA of Force Index
helps pinpoint entry and exit points.
Using a longer EMA helps confirm trends.
Efi long > 0 ( bullish trend ) and efi short < 0 = buy signal (green bar)
Efi long < 0 (bear trend) and efi short>0 = sell signal (red bar)
發布通知: updated with alert option when bar changes color

本著真正的TradingView精神,該腳本的作者將其開源發布,以便交易者可以理解和驗證它。為作者喝彩吧!您可以免費使用它,但在出版物中重複使用此代碼受網站規則的約束。 您可以收藏它以在圖表上使用。