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True Strength Index with MSPro



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Friends,
I have recently been using the True Strength Index into my MSPro day
trading screen.
The indicator appears to be promising, but I cannot find any
documentation.  If you have any information as to how the True Stength
Index can be most effectively used, please share with the list.

Here is the formula:

100*(Mov(Mov(ROC(C,1,$),25,E),13,E)/Mov(Mov(Abs(ROC(C,1,$)),25,E),13,E))

Larry        [Brady Bunch]
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&nbsp;
<br>Friends,
<br>I have recently been using the True Strength Index into my MSPro day
trading screen.
<br>The indicator appears to be promising, but I cannot find any documentation.&nbsp;
If you have any information as to how the True Stength Index can be most
effectively used, please share with the list.
<p>Here is the formula:
<p>100*(Mov(Mov(ROC(C,1,$),25,E),13,E)/Mov(Mov(Abs(ROC(C,1,$)),25,E),13,E))
<p>Larry&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<img SRC="cid:part1.3712475A.3ED71D67@xxxxxxxx"; ALT="Brady Bunch" BORDER=0 height=138 width=96></html>
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