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Force Index for Amibroker (AFL)

kenjiho over 16 years ago Amibroker (AFL)

  • Rating:
    5 / 5 (Votes 2)
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This is the Force index indicator.

Screenshots

Indicator / Formula

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_SECTION_BEGIN("Force Index");
periods = Param("Periods", 2, 1, 100, 1);
FI = EMA(((Close - Ref(Close, -1)) * V), periods);
FI_kol = IIf(fi < 0, colorRed, colorBrightGreen);
Plot(Close, "Close", colorRed, 2);
Plot(FI, "Force Index", FI_kol, styleLine|styleThick);
Plot(0,"", colorViolet, styleLine | styleThick | styleNoLabel);
Title = Name() +
EncodeColor(colorBlack) + " - Force Index - " + WriteVal(periods, 1) + " days," +
EncodeColor(colorRed) + " Close " +
EncodeColor(colorRed) + " = " + WriteVal(Close) + ", " +
EncodeColor(colorBlue) + "Force Index = " +
EncodeColor(colorBlue) + WriteVal(FI, 1.2);
_SECTION_END();

1 comments

1. mmsrect
about 8 years ago

Nice one, thank you.

Just that you have used EMA of Change(close) instead of SMA. Stockcharts uses EMA too. While trading view uses SMA. Guess its just trader’s personal choice.

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