forceindex
Force Index is a momentum indicator that combines price movement and volume to measure the strength of price moves. It helps identify potential trend reversals and breakouts, with positive values indicating buying pressure and negative values indicating selling pressure.
forceindex (tick)
Force Index is a momentum indicator that combines price movement and volume to measure the strength of price moves. It helps identify potential trend reversals and breakouts, with positive values indicating buying pressure and negative values indicating selling pressure.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 13 | The number of minutes to calculate the Force Index |
SQL example
TICK forceindex WITH minutes=13 > 1000000 THEN order SET size=100, price=51.00, transmit=trueema
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ichimokuTenkan
Tenkan-sen (Conversion Line) is the midpoint of the highest high and lowest low over the specified period. It helps identify short-term trend direction and potential support/resistance levels.