Parameters
Overview
Section titled “Overview”Elder’s Force Index parameters control the lookback and smoothing for volume analysis.
EFI Period
What It Controls: EMA smoothing period
Default: 13 bars
How It Works:
- Lower values (5–10): More responsive, more signals
- Standard values (11–16): Balanced
- Higher values (17–25): Smoother, fewer signals
What Happens at Extremes
Timeframe Recommendations
| Timeframe | Recommended | Notes |
|---|---|---|
| 1-Hour | 14 | Standard |
| 4-Hour | 14–16 | Balanced |
| Daily | 14–21 | Position trading |