Force Index Indicator

  • Sale
  • Regular price $139.00
Tax included.


Overview

The force index is a technical indicator that measures the amount of power used to move the price in a trend. The term and its formula were developed by psychologist and trader Alexander Elder and published in his 1993 book Trading for a Living.

We took the original Force Index indicator and upgraded it to the next level
Force index pro Ninjatrader 8

Choose from 12 different moving average types

The original force index used a standard EMA for its calculation. We extended this so you can choose any of the 12 different moving average types including the WMA and VWMA

Force index movering average tyoes

Alerts

The indicator can give you an audible alert when the histogram crosses the 0-line

Alerts force index indicator

 

Paint bars

when enabled this paints all bars so you can clearly see how much effort is made to push the trend forward

Force index paint bars

Features

  • Measures the amount of power used to move the price in a trend
  • 12 different moving average types
  • Paint bars
  • Alerts
  • Works on timeframe
  • Works on any market (futures, forex, crypto, stock, options, etc)
  • Works on any bar-type (time, tick, volume, range, Renko, etc...)

Terms

All our indicators and packages come with

  • a one-time fee only
  • lifetime license for 1 pc (we offer 20% discount for 2nd licenses)
  • includes free future updates

We also offer a 100% free 5-day trial of all our indicators allowing you to test our software before you decide to invest in it. Since you are able to test all our software before buying it all sales are final and non-refundable

 

Media

Force index pro Ninjatrader 8