Author: Andrey N. Bolkonsky
True Strength Index indicator by William Blau (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis).
True Strength Index (TSI, q-period smoothed Momentum) - is a normalized Momentum indicator developed by William Blau. The indicator values are normalized and mapped into the [–100,+100] interval.
The positive values of TSI correspond to overbought, the negative values correspond to oversold states of the market.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/361
Momentum Indicator by William Blau.EA_OBJPROP_CHART_ID
This Expert Advisor is a demo of working with OBJ_CHART objects as conventional charts. You can set custom color settings, attach indicators etc.