IncForceOnArray - MetaTrader 5 Library | Forex Indicator Download - MT4/MT5 Resources

CForceOnArray class is used to calculate the force index on the indicator buffer.

This initialize() indicator function calls the OnInit() method with the following parameters:

This solve() function calls the OnCalculate() method with the following parameters:

The Test_ForceOnArray.mq5 file is an indicator of how to use the CForceOnArray class. The IncForceOnArray file must be located in the MQL5\Include\IncOnArray directory of the terminal data folder (the IncOnArray folder must be created).

CMAOnArray class IncMAOnArray files are required for this class to work.

Alexander the Elder, developer of the Force Index technical indicator. The index measures the strength of bulls on each uptrend, and the power of bears on each downturn. It connects the basic elements of market information: price movements, declines, trading volumes. This indicator can be used directly, but it is better to approximate it with the help of a moving average . Approximation with the help of short-term moving averages (the author recommends using 2 intervals) helps to find the best opportunities to open and close positions. If approximated by long distance moves (period 13), the index shows the trend and its changes.

Attachment download

📎 incmaonarray.mqh (5.28 KB)

📎 incforceonarray.mqh (2.53 KB)

📎 test_forceonarray.mq5 (2.83 KB)

Source: MQL5 #651