DRC's Force Index

19. Jan. 2021

Version 1.2 Update:

• No need for scaling up/down anymore
  
• No need for setting up so many parameters
  
• Ability to mix instantaneous indicator with averaged indicator (its different from just making a moving average)
  
• Mass obtention has been improved
  
• Velocity calculation has been improved, by considering highs and lows
  
• Acceleration calculation has been simplified
  

20. Jan. 2021

Versionshinweise

Version 1.3 update:

• Hability to calculate mass from current time frame, without losing the posibility of going "deeper" if user wants to.
  
• There were special situations in wich force index could take an "na" value. This has been prevented and corrected.
  
• Default settings have been adjusted for faster response of Force Index (Blue Line) and slower response of the Signal (Orange Line)
  

22. Jan. 2021

Versionshinweise

Version 1.4 Update:

• Mass gathering process has been made even more efficient
  
• Ability to get mass from lower timeframes has been kept, just change the "0" value for any other value in minutes and this feauture will be turned on
  
• Inertia coloring has been changed, in order to show when it's value is greater (violet)/lesser(aqua) than the force
  
• Signal calculation process has been changed, in order to get smoother results and lesser false signals
  

14. Apr. 2021

Versionshinweise

Mass gathering process has been updated and made more accurate.

14. Apr. 2021

Versionshinweise

• Removed input field for MTF
  
• Formating of the hlines has been made easier and symetric.
  

25. Mai 2021

Versionshinweise

Version 1.7 update:

• Indicator can now run on monthly charts: Retrieving volume from lower timeframes doesn't work for monthly charts, though. The script would need to obtain number of days in current month to do that, and I haven't figured out how.
  
• Configuration dialog has been re-organized and names of lines have been harmonized with my Reversal Channel script (DRC)
  
• "transp" function has been deleted from all colour settings, since it will not be supported any time soon.
  
• Code for volume retrieving has been made less redundant.
  
• Code's readability has been enhanced