Supported Indicators

Force Index

Introduction

The Force Index is calculated by comparing the current market price with the previous market price and multiplying its difference with the traded volume during a specific time period.

To view the implementation of this indicator, see the LEAN GitHub repository.

Using FI Indicator

To create an automatic indicator for ForceIndex, call the FIfi helper method from the QCAlgorithm class. The FIfi method creates a ForceIndex object, hooks it up for automatic updates, and returns it so you can used it in your algorithm. In most cases, you should call the helper method in the Initializeinitialize method.

public class ForceIndexAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private ForceIndex _fi;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _fi = FI(_symbol, 13);
    }

    public override void OnData(Slice data)
    {

        if (_fi.IsReady)
        {
            // The current value of _fi is represented by itself (_fi)
            // or _fi.Current.Value
            Plot("ForceIndex", "fi", _fi);
        }
    }
}
class ForceIndexAlgorithm(QCAlgorithm):
    def initialize(self) -> None:
        self._symbol = self.add_equity("SPY", Resolution.DAILY).symbol
        self._fi = self.fi(self._symbol, 13)

    def on_data(self, slice: Slice) -> None:

        if self._fi.is_ready:
            # The current value of self._fi is represented by self._fi.current.value
            self.plot("ForceIndex", "fi", self._fi.current.value)

For more information about this method, see the QCAlgorithm classQCAlgorithm class.

You can manually create a ForceIndex indicator, so it doesn't automatically update. Manual indicators let you update their values with any data you choose.

Updating your indicator manually enables you to control when the indicator is updated and what data you use to update it. To manually update the indicator, call the Updateupdate method. The indicator will only be ready after you prime it with enough data.

public class ForceIndexAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private ForceIndex _forceindex;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _forceindex = new ForceIndex(13);
    }

    public override void OnData(Slice data)
    {
        if (data.Bars.TryGetValue(_symbol, out var bar))
            _forceindex.Update(bar);

        if (_forceindex.IsReady)
        {
            // The current value of _forceindex is represented by itself (_forceindex)
            // or _forceindex.Current.Value
            Plot("ForceIndex", "forceindex", _forceindex);
        }
    }
}
class ForceIndexAlgorithm(QCAlgorithm):
    def initialize(self) -> None:
        self._symbol = self.add_equity("SPY", Resolution.DAILY).symbol
        self._forceindex = ForceIndex(13)

    def on_data(self, slice: Slice) -> None:
        bar = slice.bars.get(self._symbol)
        if bar:
            self._forceindex.update(bar)

        if self._forceindex.is_ready:
            # The current value of self._forceindex is represented by self._forceindex.current.value
            self.plot("ForceIndex", "forceindex", self._forceindex.current.value)

For more information about this indicator, see its referencereference.

Visualization

The following plot shows values for some of the ForceIndex indicator properties:

ForceIndex line plot.

Indicator History

To get the historical data of the ForceIndex indicator, call the IndicatorHistoryself.indicator_history method. This method resets your indicator, makes a history request, and updates the indicator with the historical data. Just like with regular history requests, the IndicatorHistoryindicator_history method supports time periods based on a trailing number of bars, a trailing period of time, or a defined period of time. If you don't provide a resolution argument, it defaults to match the resolution of the security subscription. 

public class ForceIndexAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private ForceIndex _fi;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _fi = FI(_symbol, 13);

        var indicatorHistory = IndicatorHistory(_fi, _symbol, 100, Resolution.Minute);
        var timeSpanIndicatorHistory = IndicatorHistory(_fi, _symbol, TimeSpan.FromDays(10), Resolution.Minute);
        var timePeriodIndicatorHistory = IndicatorHistory(_fi, _symbol, new DateTime(2024, 7, 1), new DateTime(2024, 7, 5), Resolution.Minute);
    }
}
class ForceIndexAlgorithm(QCAlgorithm):
    def initialize(self) -> None:
        self._symbol = self.add_equity("SPY", Resolution.DAILY).symbol
        self._fi = self.fi(self._symbol, 13)

        indicator_history = self.indicator_history(self._fi, self._symbol, 100, Resolution.MINUTE)
        timedelta_indicator_history = self.indicator_history(self._fi, self._symbol, timedelta(days=10), Resolution.MINUTE)
        time_period_indicator_history = self.indicator_history(self._fi, self._symbol, datetime(2024, 7, 1), datetime(2024, 7, 5), Resolution.MINUTE)

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