Force Pulse

█ OVERVIEW
Force Pulse is a fast-reacting oscillator that measures the internal strength of market sides by analyzing the aggregated dominance of bulls and bears based on candle size.
The indicator normalizes this difference into a 0–100 range, generates signals (OB/OS, midline cross, MA midline cross), and detects divergences between price and the oscillator.
It also offers advanced visualization, signal markers, and alerts, making it a versatile tool suitable for many trading styles.

█ CONCEPTS
Force Pulse was designed as a universal tool that can be applied to various trading strategies depending on its settings:
- increasing the period lengths and smoothing transforms it into a momentum/trend indicator, revealing a stable dominance of one market side.
- Lowering these parameters turns it into a peak/low detector, ideal for contrarian and mean-reversion strategies.

The oscillator analyzes the relationship between the sum of bullish and bearish candles over a selected period, based on:
- candle body size, or
- average candle body size (AVG Body).

Depending on the selected mode, OB/OS levels should be adjusted, as value dynamics differ between modes.
The output is normalized to 0–100, where:
> 50 – bullish dominance,
< 50 – bearish dominance.

The additional MA line is derived from smoothed oscillator values and serves as a signal line for midline crosses and as a trend filter.
The indicator also detects divergences (HL/LL) between price and the oscillator.

█ FEATURES
Bull & Bear Strength:
- Calculations are based on Body or AVG Body – mode selection requires adjusting OB/OS levels.
- Bullish and bearish candle values are summed separately.
- All results are normalized to the 0–100 scale.

Force Pulse Oscillator:
- The main line reflects the current dominance of either market side.
Dynamic colors:
- Green – above 50,
- Red – below 50.

Signal MA:
- SMA based on oscillator values functions as a signal line.
- Helps detect momentum shifts and generates signals via midline crosses.
- Can serve as a trend confirmation filter.

Overbought / Oversold:
- Configurable OB/OS levels, also for the MA line.
- Dynamic OB/OS line colors: when the MA line exceeds the defined threshold (e.g., MA > maOverbought or MA < maOversold), OB/OS lines change color (red/green).
- This often signals a potential reversal or correction and may act as additional confirmation for oscillator-generated signals.

Divergences:
- Detection based on swing pivots:
- Bullish: price LL, oscillator HL
- Bearish: price HH, oscillator LH
- Displayed as “Bull” / “Bear” labels.

Signals:
Supports multiple signal types:
- Overbought/Oversold Cross
- Midline Cross
- MA Midline Cross (based on the signal MA line)
- Signals appear as triangles above/below the oscillator.

Visualization:
- Gradient options for lines and levels.
- Full customization of colors, transparency, and line thickness.

Alerts available for:
- Divergences
- OB/OS crossings
- Midline crossings
- MA midline crossings

█ HOW TO USE
Add the indicator to your TradingView chart → Indicators → search “Force Pulse”

Parameter Configuration

Calculation Settings:
- Calculation Period (lookback) – defines the strength calculation window.
Force Mode (Body / AVG Body):
- Body – faster response, higher sensitivity.
- AVG Body – more stable output; adjust band levels and periods to your strategy.
- EMA Smoothing (smoothLen) – reduces oscillator noise.
- MA Length – length of the signal line (SMA).

Threshold Levels:
- Set Overbought/Oversold levels for both the oscillator and the MA line.
- Adjust levels depending on Body / AVG Body mode.

Divergence Detection:
- Enable/disable divergence detection.
- PivotLength affects both delay and signal quality.

- Signal Settings: Choose one or multiple signal types.
- Style & Colors: Full control over color schemes, gradients, and transparency.

Signal Interpretation

BUY:
- Oscillator leaves oversold (OS crossover).
- Midline cross upward.
- MA crosses the midline from below.
- Bullish divergence.

SELL:
- Oscillator leaves overbought (drops below OB).
- Midline cross downward.
- MA crosses the midline from above.
- Bearish divergence.

Trend / Momentum:
-Longer periods and stronger smoothing → stable directional signals.
-MA as a trend filter: e.g., signal line above the midline (50) and MA pointing upward indicates continuation of a bullish impulse.

Contrarian / Mean Reversion:
- Short periods → rapid detection of peaks and troughs; ideal for contrarian signals and pullback entries.

█ APPLICATIONS
- Trend Trading: Using midline and MA midline crosses to determine direction.
- Reversal Trading: OB/OS levels and divergences help identify reversals.
- Scalping & Intraday: Short settings + signal line above the midline with bullish MA → shows short-term impulse and continuation.
- Swing Trading: Longer MA and higher lookback provide a stable view of market-side dominance.
- Momentum Analysis: Force Pulse highlights the strength of the wave before price movement occurs.

█ NOTES
- In strong trends, the oscillator may stay in extreme zones for a long time — this reflects dominance, not necessarily a reversal signal.
- Divergences are more reliable on higher timeframes.
- OB/OS levels should be tailored to Body/AVG Body mode and the instrument.
- Best results come from combining the indicator with other tools (S/R, market structure, volume).