Could someone develop the codes for the Force Index and Bongo indicators as seen in Gil Morales’ screenshot? Thanks
The Bongo indicator was designed by a group of traders at an HGSI seminar. The Bongo turns green when the Wilder’s RSI 8, 14, and 19 are streaming (8 over 14 over 19) and the close price is above the 9 period moving average. The bongo stays green until a down signal is detected (RSI’s streaming 8 below 14 below 19) and the close price is below the 9 period MA at which point it turns red and stays that way until another up signal is detected.