Indicator TII (Trend Intensity Index) was described in the article by M.H. Pee, published in the "Stocks and Commodities" magazine in June, 2002.
It has six input parameters:
POS = SMA(UP, Period) NEG = SMA(DN, Period) UP = Price - MA DN = MA - Price
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/21113
Indicator Trend Analysis Index.Stoch_RSI
Stochastic relative strength index in creases the sensitivity of RSI (Relative Strength Index), the disadvantage of which is fluctuation between boundary lines and no signals to open a position.