Force Index Indicator: How It Helps Traders

The Force Index is a technical indicator that helps traders measure the strength of a trend and assess its sustainability. Developed by Alexander Elder, it combines price and volume data to show how strong the current market momentum is. The indicator takes into account both price changes and trading volume, allowing for more accurate predictions of potential market reversals. Positive values of the Force Index signal a bullish trend, while negative values indicate a bearish trend. This powerful tool is used for decision-making across various timeframes, making it popular among experienced traders.