"ForceIndex" (Financial Indicator)

Sometimes abbreviated as FI.

Is a momentum indicator.

Was developed by Alexander Elder.

Is computed using the close price and volume.

Returns one time series, which is a 13-period exponential moving average of the product of change in close and volume.

FinancialIndicator["ForceIndex",n] uses a period n moving average.

Examples

In[1]:=
Click for copyable input
Out[1]=

See Also

"Close"  ▪  "Volume"  ▪  "MassIndex"  ▪  "PriceVolumeTrend"