Force Index Indicator

The Force Index indicator was invented by Alexander Elder. This technical indicator is used to indicate the strength of upward or downward trends. Indicators that can take into account trading volume (VOL) are generally not bad, and the Force Index is precisely such an indicator. This indicator can be directly loaded in MT4/MT5 software. Although…

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Chaikin Money Flow Indicator

Chaikin Money Flow Indicator

The Chaikin Money Flow (CMF) indicator measures the buying (accumulation) and selling (distribution) pressure of a forex, stock, or futures asset over a specific period. Often compared to other volume-based technical indicators such as the On-Balance Volume (OBV) and Money Flow Index (MFI), the CMF is a popular volume-weighted oscillator. This article will explore the…

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Trend Tracking Weapon: Selection of Moving Average Parameters

We introduced two classic indicators, Moving Averages, and Adaptive Moving Averages, in the two articles “Trend Tracking Weapon: Key Points of Applying Moving Averages and MACD” and “Trend Tracking Weapon: Adaptive Moving Average“. Many readers asked how to choose the parameters of moving averages. My reply is that it needs to be selected according to…

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trend tracking

Trend Tracking Weapon: Key Points of Applying Moving Averages and MACD

Moving Averages and MACD are classic indicators that come with most market software. The following is my understanding of the key points of applying these two classic indicators. Moving Averages(MA) Calculation formula: Interpretation: MA means calculating the arithmetic average value of the closing price within N periods. Taking the 10-day moving average as an example,…

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