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Re: True Strength Index

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Larry wrote:


>>From Active Trader

> 100*(Mov(Mov((CLOSE - Ref(CLOSE,-1)),25,E),13,E))/(Mov(Mov(Abs(CLOSE -
Ref(CLOSE,-1)),25,E),13,E))

FWIW, I have the following as being Blau's original rendition:

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

Which, of course, translates to exactly what Larry said.

Owen Davies