The Force Index combines price change and volume into a single oscillator that measures the power behind each market move — positive force indicates buying pressure and negative force indicates selling pressure. Developed by Alexander Elder, it is a core component of the Elder trading system used across stocks and forex. Pair it with the EMA for trend context and browse our indicator guide library for more volume-momentum hybrids.
Force Index = (Close today − Close yesterday) × Volume today. A 2-period EMA of Force Index is used for short-term signals; a 13-period EMA is used for intermediate-term signals. The indicator oscillates around zero, with magnitude reflecting the strength of each move.
The Coppock Curve is a long-term momentum indicator originally designed to identify major buying opportunities in <a href="/market/stocks" class="text-primary hover:underline">stock</a> indices after significant market bottoms. It combines rate-of-change over two long lookback periods with WMA smoothing for a signal that fires rarely but with high conviction. Explore our <a href="/academy/indicators" class="text-primary hover:underline">indicator guide library</a> for complementary long-term tools and <a href="/strategies" class="text-primary hover:underline">strategies</a>.
The Stochastic Oscillator compares a security's closing price to its price range over a given period, making it excellent for identifying overbought/oversold conditions and divergences in bounded ranges. It works especially well alongside the <a href="/academy/indicators/rsi" class="text-primary hover:underline">RSI</a> for double confirmation of reversal zones in <a href="/market/forex" class="text-primary hover:underline">forex</a> and <a href="/market/stocks" class="text-primary hover:underline">stock</a> markets. For best results, use Stochastic signals only in the direction of the larger trend identified by tools in our <a href="/academy/indicators" class="text-primary hover:underline">indicator guide library</a>. Build it into a complete system by reviewing our <a href="/strategies" class="text-primary hover:underline">trading strategies</a> section.
TRIX displays the percentage rate of change of a triple-smoothed <a href="/academy/indicators/exponential-moving-average" class="text-primary hover:underline">EMA</a>, filtering out insignificant price movements and highlighting only the most meaningful momentum shifts. It is valued by swing traders in <a href="/market/stocks" class="text-primary hover:underline">stocks</a> and <a href="/market/forex" class="text-primary hover:underline">forex</a> who want fewer but higher-quality signals. Browse our <a href="/academy/indicators" class="text-primary hover:underline">indicator guide library</a> to pair TRIX with trend-following tools for a systematic approach.
MACD measures the relationship between two exponential moving averages, identifying momentum shifts, trend direction, and potential reversals through crossovers, histogram, and divergence. It pairs naturally with the <a href="/academy/indicators/rsi" class="text-primary hover:underline">RSI</a> to confirm entry and exit timing across <a href="/market/stocks" class="text-primary hover:underline">stocks</a>, <a href="/market/crypto" class="text-primary hover:underline">crypto</a>, and <a href="/market/forex" class="text-primary hover:underline">forex</a>. Chart it on <a href="/tools/platforms/tradingview" class="text-primary hover:underline">TradingView</a> for real-time histogram analysis and multi-timeframe insights. Integrate MACD signals into your <a href="/strategies" class="text-primary hover:underline">trading strategies</a> for systematic, rules-based momentum trading.