SC MTF True Strength Index for MT4 with alert

Advanced TSI (True Strength Index) with dual-line signals, two-level system, multi-timeframe support, customizable visual signals, and highly configurable alert system.

Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile.

Feedback and reviews are highly appreciated!

What is the True Strength Index (TSI)?

The True Strength Index (TSI) is a momentum oscillator developed by William Blau. It applies double exponential smoothing to price momentum (the difference between the current and previous close), which effectively filters out market noise and reveals the underlying trend direction.

TSI oscillates between -100 and +100 and consists of two lines: the TSI Main line and a Signal line (a moving average of the TSI). Positive values indicate bullish momentum, negative values indicate bearish momentum. Crossovers between the two lines and movements through the High/Low levels are the primary trading signals.

Features:

  • Dual-line TSI (Main and Signal) with two-level system (High and Low overbought/oversold zones)
  • Visual signal markers (arrows, vertical lines) with three independent configurable signal buffers
  • Advanced signal detection: direction change, line cross, level cross, peak/valley for both lines
  • Configurable alert functions (email, push, sound, popup) with time range filtering
  • Multi-timeframe (MTF) with interpolation, multiple color modes, and iCustom buffer access for EA integration

Input Parameters:

  • Basic Settings:
    • TSI parameters: Long period / r (default: 25), Short period / s (default: 13), Signal period (default: 7), MA method for Signal line, Applied price.
    • Multi-timeframe: TSI timeframe selection and MTF interpolation mode.
  • Levels Settings:
    • Level configuration: Toggle visibility, set High/Low boundaries (default: +25 / -25), optional Middle level display.
    • Level appearance: Customize color, style, and width.
  • Signal Settings:
    • Signal triggers: Configure 3 independent signals with detection types (direction change, line cross, level crossings, peak/valley).
    • Visual markers: Arrows and vertical lines with customizable size, style, position, Wingdings codes, and colors.
  • Alert Settings:
    • Alert configuration: Timing (Off/After close/Before close/Both), interval limit, time range filter.
    • Delivery methods: Email, push notification, popup, sound with file selection.
  • Color and Style Settings:
    • Color modes: Simple, Cross variations, Direction, Direction with levels, Level-based (8 modes total).
    • Display options: Histogram mode, line appearance customization (4 colors, style, width for both lines).
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Commodity Channel Index (CCI) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is CCI? Commodity Channel Index (CCI) is a versatile oscillator developed by Donald Lambert in 1980 that measures the deviation of price from its statistical average. The indicator compares the current price level t
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Bollinger Bands indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Bollinger Bands? Bollinger Bands is a volatility indicator developed by John Bollinger. It consists of three lines: a middle Simple Moving Average (SMA) and two outer bands placed at a configurable number of standard deviation
FREE
Advanced MACD (Moving Average Convergence Divergence) with dual-line signals, single-level system, multi-timeframe support, customizable visual signals, and highly configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is MACD? The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator that shows the relationship between two exponential movi
FREE
Chaikin Money Flow (CMF) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is CMF? Chaikin Money Flow (CMF) is a volume-weighted momentum indicator developed by Marc Chaikin that measures the buying and selling pressure over a specified period. The indicator calculates the Money Flow Multiplier
FREE
Average Directional Movement Index (ADX) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is ADX? The Average Directional Movement Index (ADX), developed by J. Welles Wilder, is a technical indicator used to measure the strength of a trend, regardless of its direction. The ADX is derived from
FREE
Traders Dynamic Index (TDI) indicator with multi-timeframe support, customizable visual signals, and highly configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is TDI? The Traders Dynamic Index (TDI) is a composite indicator developed by Dean Malone that combines RSI, Bollinger Bands applied to RSI, and two moving averages of RSI into a single display. It provides a c
FREE
SC MTF Didi MT5
Krisztian Kenedi
DIDI Indicator (3-MA Ratio) with dual-line signals, multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is DIDI? DIDI is a ratio indicator that displays the relationship between three Moving Averages (MA) with different periods: Curta (short), Media (middle), and Longa (long). The indicator calculates two ratio
FREE
On Balance Volume (OBV) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is OBV? On Balance Volume (OBV) was developed by Joe Granville and is a volume-based momentum indicator that uses cumulative volume flow to predict price changes. It adds volume on up days and subtracts volume on down day
FREE
Awesome Oscillator (AO) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is AO? The Awesome Oscillator (AO), developed by Bill Williams, is a momentum indicator that measures market momentum by calculating the difference between a 34-period and 5-period Simple Moving Average (SMA) of the media
FREE
Williams %R indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Williams %R? Williams %R (Williams Percent Range) is a momentum oscillator developed by Larry Williams that measures the level of the closing price relative to the high-low range over a given period. Values range from -100 to 0, w
FREE
Sc MTF Volume MT5
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5 (1)
Volume indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Volume? Volume is one of the most fundamental indicators in technical analysis. It represents the total number of contracts, shares, or lots traded during a given bar or time period. In MetaTrader, tick volume is used by default — coun
FREE
Advanced Stochastic RSI Oscillator with dual-line signals, three-level system, multi-timeframe support, customizable visual signals, and highly configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Stochastic RSI? The Stochastic RSI (StochRSI) is a momentum indicator that applies the Stochastic oscillator formula to RSI values instead of price data. It measures the l
FREE
Money Flow Index (MFI) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is MFI? The Money Flow Index (MFI) is a volume-weighted momentum oscillator that measures the strength of money flowing in and out of a security over a given period. It works similarly to RSI but incorporates volume, makin
FREE
Balance of Power (BOP) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is BOP? Balance of Power (BOP) is an oscillator that measures the strength of buyers versus sellers by comparing the change in price to the range of the bar. The indicator is calculated as (Close - Open) / (High - Low), th
FREE
Advanced Fisher Transform Indicator with dual-line signals, two-level system, multi-timeframe support, customizable visual signals, and highly configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Fisher Transform? The Fisher Transform is a technical indicator that converts prices into a Gaussian normal distribution. Developed by John Ehlers, it amplifies price turni
FREE
SC MTF Rsi MT4
Krisztian Kenedi
5 (1)
Relative Strength Index (RSI) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is RSI? Relative Strength Index (RSI) is a momentum oscillator that measures the speed and magnitude of price changes. The indicator oscillates between 0 and 100, comparing the magnitude of recent gains to recent lo
FREE
SC MTF Trix MT5
Krisztian Kenedi
4 (1)
Triple Exponential Moving Average (TRIX) indicator with dual-line signals, multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is TRIX? TRIX is a momentum oscillator that displays the rate of change of a triple exponentially smoothed moving average. The indicator is calculated by applying three consecutive Expo
FREE
OSMA (OsMA) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is OSMA? OSMA (Moving Average of Oscillator), also known as OsMA, is the difference between the MACD line and its signal line (i.e., the MACD histogram). It measures how far the MACD oscillator is from its signal moving average, effe
FREE
Bollinger Bands indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Bollinger Bands? Bollinger Bands is a volatility indicator developed by John Bollinger. It consists of three lines: a middle Simple Moving Average (SMA) and two outer bands placed at a configurable number of standard deviation
FREE
Average True Range (ATR) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is ATR? The Average True Range (ATR), developed by J. Welles Wilder, is a technical indicator that measures market volatility. It calculates the average of the True Range over a specified period. The True Range is the gr
FREE
DeMarker indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is DeMarker? The DeMarker indicator was developed by Tom DeMark to identify exhaustion points in price movement by comparing recent intrabar highs and lows to the previous bar's range. It accumulates these deviations over a period and n
FREE
On Balance Volume (OBV) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is OBV? On Balance Volume (OBV) was developed by Joe Granville and is a volume-based momentum indicator that uses cumulative volume flow to predict price changes. It adds volume on up days and subtracts volume on down day
FREE
Accelerator Oscillator (AC) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is AC? Accelerator Oscillator (AC) is a momentum indicator developed by Bill Williams that measures the acceleration or deceleration of the current driving force. The indicator is calculated as the difference between
FREE
Accumulation/Distribution (AD) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is AD? The Accumulation/Distribution (AD) indicator, developed by Marc Chaikin, is a volume-based indicator designed to measure the cumulative flow of money into and out of a security. It relates changes in price a
FREE
Momentum indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Momentum? The Momentum indicator measures the speed of price change by comparing the current price to the price a specified number of periods ago. It is one of the simplest and most fundamental momentum oscillators, expressed as an a
FREE
Commodity Channel Index (CCI) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is CCI? Commodity Channel Index (CCI) is a versatile oscillator developed by Donald Lambert in 1980 that measures the deviation of price from its statistical average. The indicator compares the current price level t
FREE
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