stockfetcher
979 posts
msg #33597 |
10/18/2004 1:41:39 PM
| True Strength Index (TSI) |
|
| Parameters |
Period
Smoothing Period
Smoothing Signal Period
|
| Usage |
TSI(25,13,9)
Smoothed TSI(25,13,9)
TSI Histogram(25,13,9)
|
 |
| Description |
The TSI is a momentum indicator devloped by William Blau. The TSI first creates a double EMA of the difference between the daily closing values. This value is divided by the double-smoothed absolute difference of the daily closing values. The raw signal is accompanied by a smoothed version and a histogram illustrating the difference between the two values.
|
|
| Examples |
|
|