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What is a force index?

The force index is a technical indicator that uses price and volume to determine the power behind a price move and identifies turning points.

How do you calculate force index?

The Force Index is a technical indicator that uses price and volume to measure the buying or selling pressure behind each price move. The formula for the Force Index is as follows: Force Index= [Current Close−Previous Close]×Volume Where: Current Close is the closing price of the current period.

What is the force index (FI) indicator?

Home » Force Index (FI) Indicator Explained: A Step-by-Step Guide to Mastery The Force Index (FI) is a technical indicator developed by Alexander Elder, a renowned trader, psychiatrist, and author. It was introduced to the trading community in his 1993 book “Trading for a Living.”

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