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Re: True Strength Index with MSPro



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Susan, Steve and Lionel,

Thank you for your ideas and suggestions.
I must have copied the formula from the old tasc mag.  Time passes.

Good trading
Larry

__________________________________

Susan Jurjonas wrote:

> Try using TSI along with a ( 9 day ) EMA of TSI as a trigger line,
> similar to a MACD & trigger line. Experiment with the moving average
> periods inside the TSI. In his book, I think Blau recommended using one
> MA much longer than the other.
>
> Lpetersen wrote:
>
> >
> > 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]