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MetaQuotes
A TSI oscillator based on the values of the DeMarker technical indicator, implemented with its own signal line in the form of a colored cloud.
The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Fig.1. TSI_DeMarker Indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/11253
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