Force Index field
Please add the Force Index to the selection of indicators for ProGraphics, with a setting to provide an EMA of N periods of the Force Index. Typical use is to use both a 13-day EMA of Force Index to detect bullish/bearish divergences and 2-day EMA of Force Inde to find entry/exit points
Charlie Cease commented
If you do this, please give us the option to plot the cumulative value of the force index and not just the index or moving averages of the index. I have found the cumulative value of Force a much better indicator than OBV. I also use moving averages of this cumulative value to help me decide what is going on.
Raymond Landry commented
A 14 or 13 days FORCE INDEX crossing 0 from below to above on top RT*CI or VST ranking stocks is a powerful buy signal. You can build it in Prograhics with a SMA but the indicator is much more efficient and accurate when smoothed with an EMA. EMA should always be an alternative to SMA everywhere in ProGraphics.
Al Hays commented
I believe we need the closing price for each day in order to fit into the Force Index idea. A Hays
Laurel Weiner commented
yes..as well as BB squeeze