This is my own version of the famous Trend Direction Force Index and I modified the original to make my version react quickly to any trend. I have color coded the indicator to make it extremely easy to read so if it is green then buy and red then sell.
This was a custom request so if you would like more then just send me a message!
What is this? The Money Flow Line (MFL) indicator is at its core a more even-tempered version of the Price-Volume-Trend (PVT). The primary difference is the usage of `hlc3` ((high + low + close) / 3) rather than `close` to use the "typical price" that it critical to the calculation of the Money Flow Index (MFI). Other similar indicators include the Accumulation...
Cumulative Force Indicator. Can also be seen as an OBV indicator that takes the price differences into account. In a regular OBV, a high volume bar can make a huge difference, even if the price went up only 0.01, and it it goes down 0.01 instead, that volume makes the OBV go down big time, even though in both cases hardly anything really happened. cForce is a...
This scalper uses elder's force index cross over to provide trade signal. Unlike the simple,ema cross over, forces index takes volume into consideration.
Besides it uses ATR to filter out bad signals in the sideway period, and give quality signals only when volatility comes.
The result is fewer false signals and better trade.
This indicator can anticipate the market movements. Its posible because it calculates how much force (volume) it's necessary to move the price up or down. If it's necessary a lot of volume to move the price a little it's a reversion signal, but if a little volume could change the price whit elevate volatility, it's signal of reversion too. The indicator plots red...
This is a modified Stochastic indicator. Modifications include:
1. The output is now centered on "0" and the scale is from -50 to +50, so that histograms and columns can be used to plot the output.
2. Added visual trade setup triggers. A trigger to the up side is a cycle high and indicates a "sell signal". A trigger to the down side is a cycle low and indicates...
This indicator was originally developed by Eric Lefort, a professional trader and author from France.
It gauges and displays the bullish or bearish pressure.
Like and follow for more open source indicators!
Happy Trading!
◊ Introduction
Price Movement / Force
A script that uses Volume and price movement to indicate Bullish/Bearish momentum, like a hindsight MACD.
◊ Origin
This is a part of Project XIAM.
◊ Theoretical Approach
Philosophy γ :: consequential
◊ Usage
Early Indication of Bullish/Bearish momentum, before price reversal.
CLEANSIGNAL can be used as input...
This a porting to Trading View of the 12 new indicators introduced in IFTA Journal (January Edition) by Akram El Sherbini, MFTA, CFTe, CETA.
Indicators are available in "Linear Momentum and Performance Indicators" at page four.
IFTA Journal is available below:
ifta.org
Indicators implemented herein:
Linear Force Index: The linear force index LFI measures...
This a porting to Trading View of the 12 new indicators introduced in IFTA Journal (January Edition) by Akram El Sherbini, MFTA, CFTe, CETA.
Indicators are available in "Linear Momentum and Performance Indicators" at page four.
IFTA Journal is available below:
ifta.org
Indicators implemented herein:
Linear Force Index: The linear force index LFI measures...
Version 1.2 Update:
No need for scaling up/down anymore
No need for setting up so many parameters
Ability to mix instantaneous indicator with averaged indicator (its different from just making a moving average)
Mass obtention has been improved
Velocity calculation has been improved, by considering highs and lows
Acceleration calculation has...
Inspired by the new version of the "Force Index" announced by Dr. Alexander Elder a few years ago - "Elder Force Index With ATR Channels".
Unfortunately original version of script only works on MetaTrader platforms, so this is an attempt to
implement this great idea on TradingView...
This script is based on the standard Momentum indicator, the plot of which is very similar to the plot of the Stochastic %D indicator. Momentum in physics is Mass x Velocity. The time-rate of change in momentum is Force, or Mass x Acceleration. The product of Mass x Velocity x Acceleration = Power, as in; Volt-Ampers Reactive and Real Power in Watts. It is often...
![GBPUSD: Net Force Index [DW]](https://s3.tradingview.com/g/gfsQpom0_mid.png "Net Force Index [DW]")
