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Technical Studies Reference

Force Index Average

This study calculates and displays an Exponential Moving Average of the Force Index.

Let \(FI\) be a random variable denoting the Force Index, and let the Input Moving Average Length be denoted as \(n\). Then we denote the Force Index Average at Index \(t\) for the given Input as \(\overline{FI}_t(n)\), and we compute it for \(t \geq n\) as follows.

\(\overline{FI}_t(n) = EMA_t(FI,n)\)



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*Last modified Monday, 26th September, 2022.