FILH Index Pro MT4
- Indicators
- Version: 1.0
✨ Indicator Description:
The Advanced Force Index combines volume and price to determine the strength
of the trend. It has been developed to provide an accurate measurement of
seller and buyer power in the market, with multiple smoothing and display options.
🎯 Key Features:
✓ Two display modes: Colored Histogram (bicolor) or Solid Line
✓ 4 Moving Average methods: SMA, EMA, SMMA, LWMA
✓ 7 Price types: Close, Open, High, Low, Median, Typical, Weighted
✓ Both volume types supported: Tick Volume & Real Volume
✓ Customizable Zero Level Line
✓ Professional and easy-to-read colors
📊 How to Use:
• Green Histogram: Positive buying pressure (upward momentum)
• Red Histogram: Negative selling pressure (downward momentum)
• Yellow Line: Continuous display of force values
🔧 Recommended Settings:
- Period: 13 (short-term) or 21 (medium-term)
- MA Method: EMA for high sensitivity, SMA for stability
- Display Mode: Histogram for day trading, Line for long-term trends
💡 Trading Signals:
✓ Zero line approach + crossover = potential reversal
✓ Rising histogram peaks = sustained buying pressure
✓ Rising negative valleys = sustained selling pressure
✓ Divergence from price = trend reversal warning
🏆 Suitable For:
- Scalping (Period 5-8) / Swing (Period 14-21) / Long-term (Period 25+)
- All timeframes from M1 to MN1
- Forex, Stocks, Commodities, Cryptocurrencies
📌 Note: The indicator displays in a separate window, and colors/settings
can be customized from the properties window.
⚠️ Disclaimer:
This indicator is a powerful analytical tool developed to improve trading
performance. No system guarantees success in financial markets. Use it as
part of a well-studied strategy, and you bear full responsibility for your
decisions and results.
