// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Force Index"); SetPositionSize(1000,spsShares); Period1=Optimize("Period1",17,1,20,1); Period2=Optimize("Period2",5,2,20,1); L1=Optimize("L1",-310000,-500000,50000,10000); L2=Optimize("L2",-410000,-500000,50000,10000); FI =((Close - Ref(Close, -1)) * V); FastAvgFI=LinearReg(FI,Period1); SlowAvgFI=LinearReg(FI,Period2); FI_Col = IIf( (FI <Ref(FI,-1)), colorRed, colorBrightGreen); FastAvgFI_Col = IIf(FastAvgFI < 0, colorRed, colorBlue); SlowAvgFI_Col = IIf(SlowAvgFI < 0, colorRed, colorBlue); Plot(FI, "Force Index", FI_Col, styleHidden|styleThick); Plot(FastAvgFI, "FastAvgFI", FastAvgFI_Col, styleLine|styleThick); Plot(SlowAvgFI, "SlowAvgFI", SlowAvgFI_Col, styleLine|styleThick); Plot(0,"", colorViolet, styleLine | styleThick ); Buy=Cover=(Cross(SlowAvgFI,L1))AND (FastAvgFI>L2) ; Sell=Short=((Cross(0,FastAvgFI))OR (Cross(0,SlowAvgFI)AND FastAvgFI<SlowAvgFI)); Long=Flip(Buy,Sell); Shrt=Flip(Sell,Buy ); PlotShapes( IIf( Sell, shapeDownArrow, shapeNone ), colorRed, 0, High, Offset = -25 ); PlotShapes( IIf( Buy, shapeUpArrow , shapeNone ), colorBrightGreen, 0, Low, Offset = -25 ); Title = Name() + EncodeColor(colorRed) + " Close " + EncodeColor(colorRed) + " = " + WriteVal(Close) + ", " + EncodeColor(colorRed) + "Force Index = " + EncodeColor(colorRed) + WriteVal(FI); _SECTION_END();