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MACD TSI Histogram for Metastock
MIKE1
about 14 years ago
Metastock

Rating:
5 / 5 (Votes 1)
Tags:
oscillator, metastock

Better signals and divergence than standard MACD

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Indicator / Formula

Copy & Paste Friendly
pds1:=Input("Number of periods R alpha",1,500,25);
pds2:=Input("Number of periods S alpha",1,500,13);

TSI:=100*(Mov(Mov((CLOSE - Ref(CLOSE,-1)),pds1,E),pds2,E))/(Mov(Mov(Abs(CLOSE - Ref(CLOSE,-1)),pds1,E),pds2,E));

TSI - Mov(TSI,9,E);

{End}

1 comments

1. lovebliss

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