Daily Force Index
Strengthen your technical analysis with the Daily Force Index AFL for Amibroker. This powerful tool, available for free download, utilizes the Amibroker data feed to gauge the strength of market forces on a daily basis. Whether you’re a trend follower or a contrarian, the Daily Force Index AFL enhances your ability to identify potential trend reversals and continuations. Integrate this tool into your trading strategy to make more informed decisions based on daily force dynamics.
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// Daily Force Index 2 Period
_SECTION_BEGIN("Force Index 2 Day");
FI=EMA(V*(C-Ref(C,-1)),2);
Plot(FI,"FI",colorTurquoise,styleLine);
Plot(0,"ZERO LINE",colorWhite,styleThick);
_SECTION_END();