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TSI for Amibroker (AFL)

Rating:
4 / 5 (Votes 2)
Tags:
oscillator, amibroker

This is a tweaked TSI from William Blau, plotted in a different way.
Gives very nice signals, when both lines are crossing!

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("TSI");
r = Param( "TSI period 'R':", 7, 1, 100, 1 );
s = Param( "TSI period 'S':", 27, 1, 100, 1 );
u = Param( "TSI period 'U':", 1, 1, 100, 1 );
sig = Param( "Signal period:", 7, 1, 100, 1 );
 
Mtm = C - Ref ( C, -1 );
AbsMtm = abs ( Mtm );
Num_T = EMA ( EMA( EMA ( Mtm, r ), s ), u );
Den_T = EMA ( EMA( EMA ( AbsMtm, r ), s ), u);

TSI = 100 * Nz ( Num_T / Den_T );
TSIL = 100 * Nz ( Num_T / Den_T );

//Green TSIL Line=Rising; Red TSIL Line=Falling
col = IIf( TSIL > Ref( TSIL, -1 ), colorGreen, colorRed );
Plot( TSIL, "TSI("+r+","+s+","+u+")", col, styleLine | styleThick);
//Green EMA TSI,sig Line=Rising; Red EMA TSI,sig Line=Falling
col = IIf( EMA(TSI,sig) > Ref( EMA(TSI,sig), -1 ), colorGreen, colorRed );
Plot( EMA(TSI,sig), "", col, styleThick);
Plot( TSI, "TSI("+r+","+s+","+u+")", ParamColor( "Color", colorBlueGrey ), ParamStyle("Histogram style", styleThick | styleHistogram | styleNoLabel, maskHistogram ) );
Plot(0,"ZeroLine",ParamColor( "ColorZero", colorBlueGrey ),styleLine);

Title =FullName();
_SECTION_END();

9 comments

1. baby.learn.to.trade

this param is original from William Blau

r = Param( "TSI period 'Length':", 25, 1, 100, 1 );
s = Param( "TSI period 'Smoothing':", 13, 1, 100, 1 );
2. Anonymous

Hi baby.learn.to.trade

As I mentioned, this one is tweaked!
This one is calculated with 3 variables…
Let me know what you think about it!

Regards,

Ceurami

3. astrotrade

hi,
how to plot arrows in this afl

4. morgen

“astrotrade”, try this:

_SECTION_BEGIN("TSI");
r = Param( "TSI period 'R':", 7, 1, 100, 1 );
s = Param( "TSI period 'S':", 27, 1, 100, 1 );
u = Param( "TSI period 'U':", 1, 1, 100, 1 );
sig = Param( "Signal period:", 7, 1, 100, 1 );
 
Mtm = C - Ref ( C, -1 );
AbsMtm = abs ( Mtm );
Num_T = EMA ( EMA( EMA ( Mtm, r ), s ), u );
Den_T = EMA ( EMA( EMA ( AbsMtm, r ), s ), u);

TSI = 100 * Nz ( Num_T / Den_T );
TSIL = 100 * Nz ( Num_T / Den_T );

//Green TSIL Line=Rising; Red TSIL Line=Falling
col = IIf( TSIL > Ref( TSIL, -1 ), colorGreen, colorRed );
Plot( TSIL, "TSI("+r+","+s+","+u+")", col, styleLine | styleThick);
//Green EMA TSI,sig Line=Rising; Red EMA TSI,sig Line=Falling
col = IIf( EMA(TSI,sig) > Ref( EMA(TSI,sig), -1 ), colorGreen, colorRed );
Plot( EMA(TSI,sig), "", col, styleThick);
Histcol= IIf(TSI>0,colorLime,colorRed) ;
Plot( TSI, "", histcol, ParamStyle("Histogram style", styleThick |
     styleHistogram | styleNoLabel, maskHistogram ) );
Plot(0,"",ParamColor( "ColorZero", colorBrown ),styleLine);

//Title = "TSI";
_SECTION_END();

mybuy=  TSIL > Ref( TSIL, -1 ) AND EMA(TSI,sig) > Ref( EMA(TSI,sig), -1 ) AND TSIL>EMA(TSI,sig) ;
mysell= TSIL < Ref( TSIL, -1 ) AND EMA(TSI,sig) < Ref( EMA(TSI,sig), -1 ) AND TSIL<EMA(TSI,sig) ;

Buy = ExRem(myBuy, mysell);
Sell = ExRem(mysell, myBuy);

PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),colorBlue,0);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed,0);
5. morgen

Try this:

mybuy=  TSIL > Ref( TSIL, -1 ) AND EMA(TSI,sig) > Ref( EMA(TSI,sig), -1 ) AND TSIL>EMA(TSI,sig) AND TSIL>0 ;
mysell= TSIL < Ref( TSIL, -1 ) AND EMA(TSI,sig) < Ref( EMA(TSI,sig), -1 ) AND TSIL<EMA(TSI,sig) ;

Buy = ExRem(myBuy, mysell);
Sell = ExRem(mysell, myBuy);

PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),colorBlue,0);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed,0);
6. niklravi

dear sir morgen

the formula aditions for buy and sell and plot arrows shows syntex error. can u pl check and post the entire formula ?

with regards
ravi
qatar

7. Devulsky

// Add this to TSI FORMULA code

mybuy= TSIL > Ref( TSIL, - 1 ) AND EMA(TSI,sig) > Ref( EMA(TSI,sig), -1 ) AND TSIL>EMA(TSI,sig) AND TSIL>0 ;
mysell= TSIL < Ref( TSIL, - 1 ) AND EMA(TSI,sig) < Ref( EMA(TSI,sig), -1 ) AND TSIL<EMA(TSI,sig);

Buy = ExRem(myBuy, mysell);
Sell = ExRem(mysell, myBuy);

PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),colorBlue,0);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed,0);
8. analystbank

Error is due to TSI Period R, S, U not defined, any solution where to initiatlise that

9. anandnst

WATCH COLOURED MACD …. Search it (Best one)

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