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hi tv,
Thank you so much - you saved me a lot of time. And thanks for responding so
quickly
tv wrote:
> {format TSI(Price,r,s,u)}
> {true strength index by blau}
>
> Inputs:Price(NumericSeries),r(NumericSimple),
> s(NumericSimple),u(NumericSimple);
>
> Value1=100 * TXAverage(Price - Price[1],r,s,u);
> Value2=TXAverage(AbsValue(Price - Price[1]),r,s,u);
>
> IF Value2 <> 0 then
> TSI=Value1/Value2
> Else
> TSI=0;
>
> But the bravest are surely those who have the greatest vision
> of what is before them, glory and danger alike.
> And yet notwithstanding go about and meet it.
> "Thucydides" 404 BC.
> ----- Original Message -----
> From: "Michael Harris" <hicap92fs@xxxxxxxxx>
> To: "Omega List" <omega-list@xxxxxxxxxx>
> Sent: Wednesday, December 12, 2001 8:58 AM
> Subject: True Strength Index - September Active Trader Magazine
>
> > Does anyone have TS2K code for the True Strength Index, as described in
> > the September issue of Active Trader Magazine?
> >
> > The code as presented in the article is:
> >
> > TSI(close,r,s) = 100*EMA(EMA(mtm,r),s)/EMA(EMA(|mtm|,r),s)
> >
> > where mtm = closetoday - closeyesterday
> >
> > EMA(mtm,r) = exponential moving average of mtm with period length = r
> >
> > EMA(EMA(mtm,r),s) = exponential moving average of EMA(mtm,r)
> > with period length = s
> >
> > |mtm| = absolute value of mtm
> >
> > r = 25, s = 13
> >
> > Thanks in advance.
> > Mike
> >
> >
> >
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