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Thursday, 11/09/2017 10:58:39 PM

Thursday, November 09, 2017 10:58:39 PM

Post# of 2804248
Compensated Awareness Post View Disclaimer
The Force Index can be used to reinforce or determine the trend. The trend in question, short-term, medium-term or long-term, depends on the Force Index parameters. While the default Force Index parameter is 13, chartists can use a higher number for more smoothing or a lower number for less smoothing. The chart below shows Home Depot with a 100-day Force Index and a 13-day Force Index. Notice how the 13-day Force Index is more volatile and jagged. The 100-day Force Index is smoother and crosses the zero line fewer times.

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