Where to find an example of implementation of indicator like Force Index?
Author: Olekso-Monsterlo
Creation Date: 4/7/2017 4:35 PM
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Olekso-Monsterlo

#1
Hello,

I'm trying implement custom indicator from a book by this formula: Force Index = ( ClosePrice(today) - ClosePrice(yesterday) ) * TradeVolume(today)
Could you please help me to find implementation example for custom indicator ?

/Oleksii
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Eugene

#2
Hi Oleksii,

It's right here, waiting for you since 2009 ;)

Is there a Force Index in WL ?

If you start typing in the first letters of a search keyword (e.g. "force") in our forum's search box, there's a good chance that this thread might have popped up.
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Olekso-Monsterlo

#3
Hi Eugene,

Thanks )))
I tried to search here http://www2.wealth-lab.com/WL5WIKI/AllPages.aspx?Cat=Standard%20Indicators

Also I still will be grateful if you can help to find example of Indicator implementation. Can I see standard/community indicator implementation to be sure that it was implemented as I expected ?
For example by this link http://www2.wealth-lab.com/WL5WIKI/MACDEx_Histogram.ashx I can't see implementation code.
Also there not clear if histogram implemented as "macd line - macd signal line" or in some other way....

I'm a bit confused on How can I build chart from this
CODE:
Please log in to see this code.

Should I build EMA with period 0 ?
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Olekso-Monsterlo

#4
QUOTE:
Also I still will be grateful if you can help to find example of Indicator implementation.

I found it in a programming guide.

Can I see standard/community indicator implementation to be sure that it was implemented as I expected ?

QUOTE:
I'm a bit confused on How can I build chart from this

I found it in a programming guide. :)
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Eugene

#5
QUOTE:
I can't see implementation code.

It's here: Download Project Source Code

QUOTE:
Also I still will be grateful if you can help to find example of Indicator implementation

In addition to the semi-formal indicator example in the Guide that you've found, there's online manual on development of full-fledged indicators: Creating an Indicator Library in Wealth-Lab
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Olekso-Monsterlo

#6
Thanks!