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MACD TSI Histogram for Metastock
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, metastock
Better signals and divergence than standard MACD
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Indicator / Formula
Copy & Paste Friendly
pds1:=Input("Number of periods R alpha",1,500,25); pds2:=Input("Number of periods S alpha",1,500,13); TSI:=100*(Mov(Mov((CLOSE - Ref(CLOSE,-1)),pds1,E),pds2,E))/(Mov(Mov(Abs(CLOSE - Ref(CLOSE,-1)),pds1,E),pds2,E)); TSI - Mov(TSI,9,E); {End}
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