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Trading Indicator: ForceIndex
Created by: bug man on August 3, 2009.
The implementation of this Technical Analysis indicator needed 1 lines of code.The creation of this Technical Analysis indicator needed only one line.
The indicator name is 'ForceIndex' and it is implemented using JScript.
It allows 0 arguments. The different arguments are:

p = ForceIndex();

Formula to plot the trading indicator on a chart:
Plot(ForceIndex(), "ForceIndex", colorRed);

Future and Past Bars:
The method does not use future bars. It necessitates 0 old bars.

Click on this link to download ForceIndex

Search terms used to find this trading item include Trading software, force index, force index charting software

The trading object is saved under the following categories: Technical Analysis

Trading Indicators:
Price and Volume Trend
Ease of Movement Indicator
The DeMark's DeMarker indicator
Buy Indicator
Drawdown: Long and Short

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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.