Comment on Latest updates PI - 23rd July 2015

Venu commented on 28 Jan 2016, 05:56 PM

Default is 1 period Force Index. You can add any moving average indicator to the Force Index to change period.

Calculation is defined as below:

Force Index(1) = {Close (current period) – Close (prior period)} x Volume
Force Index(13) = 13-period EMA of Force Index(1)

Source: http://stockcharts.com

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