Blau_TSI

Author: Andrey N. Bolkonsky True Strength Index indicator by William Blau (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). True Strength Index (TSI, q-period smoothed Momentum) – is a normalized Momentum indicator developed by William Blau. The indicator values are normalized and mapped into the [–100,+100] interval. The positive values … Read more

The William Blau True Strength Index indicator shows the William Blau true strength index. It has seven input parameters: Period – calculation period; Applied price – the calculation price; First smoothing period – the initial smoothin period; Second smoothing period – the secondary smoothing period; Third smoothing period – the resulting smoothing period; Upper level … Read more