Since difference in prices could be anything, thus their MAs, thus force index. There are no levels. It's not a bounded indicator (like RSI is.)
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Hello,
Can you help me to calculate the levels of force index for each symbol?
The levels for GBPUSD is: top_level=20, bottom_level=-20
The levels for BTCUSD is: top_level=100000, bottom_level=-100000
What is the formula for calculate the levels for each symbol?
The formula of force index is:
FORCE INDEX (i) = VOLUME (i) * ((MA (ApPRICE, N, i) - MA (ApPRICE, N, i-1))
where:
Thanks for your help