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[Metastockusers] Chande Trend Index



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Hello,

I have been reading Tushar Chande's second book in which he describes a 
trend identifying indicator called the CTI that looks quite interesting.

Has anybody had a go at creating this formula in Metastock? I've tried but 
it is quite complicated and proving to be a little beyond my limited expertise.

The only reference that I can find to it on the Web is at:

http://www.technical-newsletter.de/docs/chande_0402.html

The article is in German but non-German speakers can get a translation by 
going to the page via Google after searching for "Chande Trend Index".

Regards,
Kevin


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