When I drag the Bollinger bands on Force Index it is working nice without any problem. But, on the same way when I dropped the Keltner Channels on Force Index it is not displaying properly, rather than it is looks like a Moving average on the force Index. May be I think it is different calculation methods in Bollinger Bands and Keltner Channel. After that I have tried to replicate the code after researching the codes from forum. But not succeed. I have tried the following, I assume the code can be calculated on Force Index as centerline in the Keltner channel. Later on I will change the force index parameters to 13 from parameters menu.
_SECTION_BEGIN("Force Index"); periods = Param("Periods", 2, 1, 100, 1); FI = EMA(((Close - Ref(Close, -1)) * V), periods); FI_kol = IIf(fi < 0, colorRed, colorBrightGreen); Plot(Close, "Close", colorRed, 2); Plot(FI, "Force Index", FI_kol, styleLine|styleThick); Plot(0,"", colorViolet, styleLine | styleThick | styleNoLabel); KTop2 = FI + 2*ATR(21); KBot2 = FI - 2*ATR(21); Plot( KTop2, "KBTop2", colorRed, styleLine ); Plot( KBot2, "KBBot2", colorRed, StyleLine );
I request you to please help me in this regard.
Thank you very much.