Force Index
RFI = Volume * (Close — Close(-1))
FI = MA (RFI , n)
where
Volume — current volume value;
Close — the close price of the last bar;
Close(-1) — the close price of the previous bar;
MA — moving average.
“Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime”
RFI = Volume * (Close — Close(-1))
FI = MA (RFI , n)
where
Volume — current volume value;
Close — the close price of the last bar;
Close(-1) — the close price of the previous bar;
MA — moving average.
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