Re: True Strength Index with MSPro

["Steve Karnish" <kernish@xxxxxxxxxxxx>]

TSI:
{Appeared in the January 93 issue of Stocks & Commodities magazine}

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> From: Lpetersen <lpetersen1@xxxxxxxx>
> To: Metastock Group <metastock@xxxxxxxxxxxxx>
> Subject: True Strength Index with MSPro
> Date: Monday, April 12, 1999 12:19 PM
> 

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]