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RE: True Strength Index



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Can I 
ask further what the rational is? I receive TASC and ordered Active Trader 1 
year ago. Still waiting for it to arrive.
<FONT face=Arial color=#008080 
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<FONT face=Arial color=#008080 
size=4>neo

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: 
  owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On 
  Behalf Of Larry & PaulaSent: Wednesday, January 02, 2002 
  5:45 PMTo: metastock@xxxxxxxxxxxxxSubject: Re: True 
  Strength Index
  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))
   
  Enjoy
  Larry
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    neo 
    To: <A title=metastock@xxxxxxxxxxxxx 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
    Sent: Wednesday, January 02, 2002 12:58 
    PM
    Subject: RE: True Strength Index
    
    <FONT face=Arial color=#008080 
    size=4>Would you mind posting the formula?
    <FONT face=Arial color=#008080 
    size=4> 
    <FONT face=Arial color=#008080 
    size=4>Thanks
    
      <FONT face=Tahoma 
      size=2>-----Original Message-----From: <A 
      href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx 
      [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of William 
      GrossSent: Wednesday, January 02, 2002 2:23 PMTo: <A 
      href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxxSubject: 
      True Strength Index
      Has anyone system tested to see if the 25/13 
      periods used in the formula for theTrue Strength Index in the Active 
      Trader Magazine article this month is better or worse than some 
      alternatives (like 17/9)? Especially on a 15 minute chart...
       
      William Gross
      Venice 
CA