Force index
Price change times volume, smoothed — the force behind a move.
Formula
Force = EMA(13) of (Close − prior Close) × Volume
How to read it
Above zero buyers have the force; a new extreme confirms the trend.
How to use it
Confirms trend strength, and warns when force fades on a new price extreme.
In Kereon
Charts · Superchart. Default 13; zero line drawn.
Also called: elder force, force, efi.