Hi guys,

Michael has very interesting article on the Force Indicator. Check it out and find how to use it in your binary options trading!

Originaly posted by Michael Hodges.

The Force Indicator is a method of interpreting stock price movement developed by Dr. Alexander. I highly recommend reading his book “Trading for a Living” if you haven’t already. It is the story of a Russian defector coming to America and becoming a successful market speculator. In the book he unveils the secrets to his success; Elder Rays and the Force Index. The Force Index is an oscillator that trends in a range over and under 0. It utilizes price movement and volume to determine the power and momentum present in the market. Dr. Elder assumes that there are three basic elements to an asset’s price movement; direction, extent and volume. His indicator measures that power and can be use to identify trends, predict corrections and identify reversals.