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Hello friends,
In regards to Elders Force Index is there any chance to add filter or
buy-sell values.
That will give as the advantage to scan stocks.
Regards,
Oski
--- In amibroker@xxxxxxxxxxxxxxx, "sloughbridge" <sloughbridge@xxxx>
wrote:
> --- In amibroker@xxxxxxxxxxxxxxx, "pete_wragg" <wraggp@xxxx> wrote:
> > I've hunted through the AFL library in here, but can't find the
> formula for Elder's Force Index. I'm sure this must have been
> covered before, but I can't find it for the life of me!
> =======
>
> I do it like this:
>
> // Force Index
> GraphXSpace=4;
> ForceIndex= V*(C-Ref(C, -1));
> pd=Param("Period",2,2,20,1);
> FI = EMA(ForceIndex, pd);
> FI13 = EMA(ForceIndex, 13);
>
> Plot (FI, "Force Index ("+pd+")", 46, 1);
> Plot (FI13, "Force Index13", 54, 1);
> PlotGrid(0,43);
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