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OK, it shows Difference(Delta)= (PriceUp Vol - PriceDn Vol) , basically- Volume of Price Up/Dn(?)
Waddah, does it give us something, what other volume ind (MFI,OBV,AD, etc) don't?
How would you interpret and use it?
what advantages of your ind. compare to others ?This indicator give you Numbers
How many Buy volume
and how many sell volume
if you see this numbers are not important ... simply don't use this indicator.
OK, it shows Difference(Delta)= (PriceUp Vol - PriceDn Vol) , basically- Volume of Price Up/Dn(?)
Waddah, does it give us something, what other volume ind (MFI,OBV,AD, etc) don't?
How would you interpret and use it?
what advantages of your ind. compare to others ?
And using this numbers - part of the system?
Please, more info (or link) on this?
thank you.
RAW FORCE INDEX = VOLUME (i) * (CLOSE (i) - CLOSE (i - 1))
FORCE INDEX = MA (RAW FORCE INDEX, N)
This indicator separate Buy Volume and Sell Volume .. you never see like this before...
Waddah, can you give more seriouse information how to on use this indicator for practical trade, or you don't know yet?
Waddah, can you give more seriouse information how to on use this indicator for practical trade, or you don't know yet?
I don't know yet
Number of 1min bars in bars.
white - Number of 1min bars in bars.
green -Number of 1min long bars in bars.
red -Number of 1min short bars in bars.
yellow-(Number of 1min long bars)-(Number of 1min short bars) in bars.
green =(Number of 1min long bars in bars)/(Number of 1min bars )
red =(Number of 1min short bars in bars)/(Number of 1min bars)
yellow=[(Number of 1min long bars)-(Number of 1min short bars) in bars]/(Number of 1min bars )
green =(Long Volumes) /(Number of 1min bars )
red =(Short Volumes)/(Number of 1min bars)
yellow=[(Long Volumes)-(Short Volumes) ]/(Number of 1min bars )