Discussion of article "Learn how to design a trading system by Force Index"

 

New article Learn how to design a trading system by Force Index has been published:

Welcome to a new article in our series about how to design a trading system by the most popular technical indicators. In this article, we will learn about a new technical indicator and how to create a trading system using the Force Index indicator.

In this topic, we will design a step-by-step blueprint to help us to create our trading system. In my opinion, this is an important step as it helps us to organize our ideas to complete our objective and create our trading system smoothly.

  • Strategy one:  Force Index - Trend Identifier:

According to this strategy, we need to create a trading system that it gives us automatic signals with bullish or bearish movements as a comment on the chart. We need the expert to check the Current force index for every tick and decide its position from the zero level. If the current force index value is greater than the zero level, we need the expert to return comments on the chart with bullish movement and current force index value. On the other hand, if the current force index value is lower than the zero level, we need the expert to return comments on the chart with bearish movement and current force index value.

Force Index - Trend Identifier blueprint

Author: Mohamed Abdelmaaboud

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