intensity

Trend Intensity Index as described by M.H.Pee in his article “Trend Intensity Index”. To calculate a 30-day Trend Intensity Index (TII), follow these steps: Obtain the 60-day simple Moving Average by adding the Closes for the past 60 days and dividing the result by 60. Find the deviation of each of the recent 30 Closes … Read more

Theory : It was created by M.H.Pee. The definition (in short) is the following : To calculate a 30-day trend intensity index (TII), follow these steps: Obtain the 60-day simple moving average by adding the closes for the past 60 days and dividing the result by 60. Find the deviation of each of the recent … Read more