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Re: True Strength Index(TSI)


  • To: <metastock@xxxxxxxxxxxxx>
  • Subject: Re: True Strength Index(TSI)
  • From: "ZBIGNkkk A WOZNkkk" <WEINkkkkkkkkkkkkk>
  • Date: Tue, 1 Jun 1999 21:42:15 -0400 (EDT)

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In indicator builder enter TSI
and your formula:
 100*(Mov(Mov(Roc(C,1,$),25,E),13,E)/Mov(Mov(Abs(Roc(c,1,$)),25,E),13,E))
then enter MATSI20 as another indicator for a 20 period MA as an example
in formula box enter:  MOV(FML("TSI"),20,E)  for a 20 period EMA.
then drag it onto your chart.
You have to make separate indicators for different period MAs.
Zbigniew

-----Original Message-----
From: dhembree <dhembree@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Tuesday, June 01, 1999 12:34 PM
Subject: True Strength Index(TSI)


>The formula for the TSI from an old issue of TASC
>is...100*(Mov(Mov(Roc(C,1,$),25,E),13,E)/Mov(Mov(Abs(Roc(c,1,$)),25,E),13,E
)).......I
>would like to write this using a moving average of the TSI(ie: x # days
>mov.avg. of TSI)... any help greatly appreciated........FRUSTRATED!!