True_Strength_Index – indicator MetaTrader 5
True Strength Index oscillator. It has four adjustable parameters: First smoothing period – primary smoothing period Second smoothing period – secondary smoothing period Overbought – overbought level Oversold – oversold level Calculations: TSI = 100.0 * UDM2 / ADM2 where: UDM2 = EMA(UDM1, Second smoothing period) ADM2 = EMA(ADM1, Second smoothing period) UDM1 = EMA(UDM, … Read more