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Re: True Strength Index with MSPro



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<DIV><FONT color=#000000 size=2>Looking at the family picture, and a nice one it 
is.&nbsp; But, how do you have time for TA???</FONT></DIV>
<DIV><FONT color=#000000 size=2><BR>Regards,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000 size=2>Bill Saxon<BR><A 
href="mailto:bsaxon@xxxxxxxxxxx";>bsaxon@xxxxxxxxxxx</A>m</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Lpetersen &lt;<A 
    href="mailto:lpetersen1@xxxxxxxx";>lpetersen1@xxxxxxxx</A>&gt;<BR><B>To: 
    </B>Metastock Group &lt;<A 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Monday, April 12, 1999 4:41 PM<BR><B>Subject: </B>True Strength Index 
    with MSPro<BR><BR></DIV></FONT>&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 
    alt="Brady Bunch" border=0 height=138 
    src="cid:001701be8547$ab875d60$2e1b3018@xxxxxxxxxxxxxxxxxxxxxx"; width=96> 
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