How many of use Alexander Elder's Force Index

Npard23

Junior member
39 2
Some options and futures traders I know use this as a momentum indicator in lieu of MAC-D or stochastics. Was wondering if anyone on the forum has experience with it?

I personally have other technical indicators, but I only use technicals for entry points of stocks, indices, and futures I selected based on fundamentals. Exits handled by stop loss algorithm, but I may look to try to implement new exit signals.
 
 
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