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GlobalMarketSignals

GMS: TSI Indicator (ROC)

GlobalMarketSignals  
True Strength Index (TSI) TSI ROC
147
1
truestrengthindicator tsi roc
This is based on the original TSI Indicator that's already built in.

The PC is originally taken as the change between the current price - the previous price. I substituted that with Rate of Change. Using a 1 period ROC it's quite similar to the TSI Indicator and increasing the length results in a smoother TSI.

I hope it helps,

Andre
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