Chỉ số lực Elder (EFI)

dgtrd

The Relative Strength Index (RSI) , developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. • Traditionally the RSI is considered overbought when above 70 and may be primed for a trend reversal or corrective pullback in price, and oversold or undervalued condition when below 30. During strong trends, the RSI...

Brykou

What is the force index ? The force index is an oscillator used to confirm price breakout strengths and identify potential trends. It was popularized by A. Elder. How the force index is computed ? Knowing that volume is the fuel of a price movement, reliable breakouts and trend continuation are more likely to occur on high volume breakouts. This is why the...

LazyBear

According to Elder, "The Impulse System encourages you to enter a trade cautiously but exit fast, by identifying inflection points where a trend speeds up or slows down. This is the professional approach to trading, the total opposite of the amateur's style. Beginners jump into trades without thinking too much and take forever to get out, hoping and waiting for...

LazyBear

Market temperature, introduced by Dr.Alexander Elder, helps differentiate between sleepy, quiet and hot market periods. Following is Mr.Elder's explanation on how to use this indicator (from his book "Come in to my Trading Room"): "When markets are quiet, the adjacent bars tend to overlap. The consensus of value is well established, and the crowd does little...

fhenry0331

The indicator is taken from Alexander Elders "Triple Screen System," minus using the Weekly MACD as a filter/trend. I believe waiting for the force index and the weekly MACD histogram to line-up is uber conservative and a trader will miss too many signals (In my opinion). The indicator is for a pullback trader. A trader that waits for a trend to develop then...

HPotter

Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bear Power measures the...

ivan.dubov

The idea is to see Elder's force index smoothed EMA in different time frame simultaneously. Default intervals are (2) and (13) Base on samuel16 script.

OstapChester

Volume indicator adapted from Elder's Force Index. From here: stageanalysis.net

Biticon

This scripts is usefull to identify possible top or bottoms of the markets. Red BB : Sell Green BB : Buy

HPotter

Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bull Power measures the ability of buyers to...

HPotter

Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bear Power measures the ability of sellers to...

SheldonPatnett

TradingView has built in functions for RSI, Momentum, and many other oscillators. Why the source isn't available for Elder's Force Index is beyond me. To me it's one of the Holy Grail indicators. This is EFI indicator with a simple function inside the source code. You're can easily copy this function into any study(indicator) or strategy that uses built-in...

SudeepBisht

The strategy is based on LazyBear's Elder Impulse System Strategy(in layman terms): Long: When the green bar in the Elder Impulse System's indicator shows up Short: When the red bar in the Elder Impulse System's indicator shows up Close trade/Profit booking: When the blue...

greenmask9

I had searched for a proper indicator to recognize important impulses, so I just need to take a look at the indicator to quickly find them on the chart. Alexander Elder's Force is the answer, although I made a few changes to the design. First, I found more accuracy using Hull Moving Average. It steers faster making sudden spikes even more visible. Second, it is...

Biticon

Force Index is an oscillator. It combines volume with prices to discover the force of bulls or bears behind every rally or decline. It brings together three essential pieces of information the direction of price change, its extent, and the volume during that change. It provides a practical way of using volume for making trading decisions. Force Index can be...

HPotter

Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bull Power measures the...