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Hi
I have been reading Dr Elder book's " Come into my Trading room"
In the book it mentioned Force Index.
Force index = ( Close1 - Close 2) * Volume
Note: Close 1 = Today's close
Close 2 = Yesterday's close.
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Another formula
a)Bull power = High - EMA
b) Bear power = Low -EMA
Can anyone pls help me how to create the graphs for Force Index, Bull Power & Bear Power?
Thanks
Alwin Chuah ( Malaysia)
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