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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.

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

Inputs

Spreadsheet

The spreadsheet below contains the formulas for this study in Spreadsheet format. Save this Spreadsheet to the Data Files Folder.

Open it through File >> Open Spreadsheet.

Force_Index_Average.68.scss


*Last modified Wednesday, 03rd January, 2018.