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Force Index with Fast Turtle and Stochastic

Actualizado
Bull and Bear force/power indicator with price action signal at Oversold or Overbought Area.


GREEN Bar indicates Bull is in control
RED Bar indicates Bear is in control.
LENGTH of the bar indicate the strength of Bull or Bear.

Example of BUY

Usage#1 :
Potential BUY if the RED bar turned GREEN. (Best to Long if RED turn GREEN happen at Support)
Potential SELL if the GREEN bar turned RED.

Usage#2 :
Potential BUY if the RED bar turned BLUE (above 0) with BoD signal appears. (BEST Buy On Dip strategy)
Potential RISK BUY if the RED bar turned BLUE (below 0) with BoD signal appears (RISKY Buy on Dip where price might not have enough strength to move up)
Notas de prensa

Force Index and Fast Turtle Stochastic Indicator

This indicator to is to measure the strength of the BULL or BEAR based on Price Action, Momentum and Volume.

How to Read :-

GREEN BAR is indicated BULL is in Control. Buy is favorable.

RED BAR is indicating BEAR is in Control. Sell is favorable.

BLUE BAR is indicating potential reversal UP.
>>>>> BLUE BAR but below 0 (RED BACKGROUD) = Reversal weak.
>>>>> BLUE BAR and above 0 (GREEN BACKGROUND) = Reversal Strong ( With STAR)


example :-

RED Bar turn GREEN bar => Look for BUY opportunity
GREEN Bar turn RED bar => Look for SELL opportunity

BLUE BAR with STAR => STRONG BUY. Minimal RISK
Notas de prensa
Bug Fix : FiFT change with Candle Type. FiFT is not suppose to depend on Candly Type (e.g. Heikin Aishi...)
Standardize signal to avoid confusion : OB = Overbought, OS = Oversold.
Notas de prensa
Code Clean up
OscillatorsVolume

Script protegido

Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.

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