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RAW FORCE INDEX (RFI) = Volume * (Close — Close(-1))
FI = MA (RFI , n)
where
Volume — the volume of the current bar;
Close — close price of the last bar;
Close(-1) — close price of the previous bar;
MA — moving average.
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The main signals for Force Index:
The main Force Index oscillator signal is a bullish divergence / bearish convergence. It signals possible trend reverse.
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+7 (495) 710-76-76
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© 1998—2008 «Alpari» |
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