Tsi Ergodic William Blau

5

The Ergodic is an oscillator based on William Blau's True Strength Index, which is based on Momentum to which double smoothing has been applied.

100* EMA(EMA(Momentum) / EMA(EMA( |Momentum|))

The Ergodic adds a moving average to the TSI which will act as a Signal Line. 

This oscillator can be used to identify trend reversal zones, or trend continuation phases.


VERY USEFUL WHEN USED IN CONJUNCTION WITH THE CURRENCY INDEX.


L' Ergodic è un oscillatore basato sul True Strenght Index di William Blau, il quale è basato sul Momentum a cui è stato applicato un doppio smoothing.


100* EMA(EMA(Momentum) /  EMA(EMA( |Momentum|)


L' Ergodic aggiunge una media mobile al TSI la quale avrà la funzione di Signal Line. 


Questo oscillatore può essere utilizzato per identificare zone di inversione del trend, o fasi di continuazione del Trend.


MOLTO UTILE SE UTILIZZATO ASSIEME AL CURRENCY INDEX

Reviews 2
JacquesSQ9
20
JacquesSQ9 2021.12.08 09:02 

A recent addition to my quiver as far as my algorithm is concerned. It is firmly one of the 8 tools I use for every trade.

MARC-PRICE
14
MARC-PRICE 2021.10.06 20:52 

serious and reliable indicator 🔝

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REV is an Expert Advisor written after many years of studies and researches and it has been developed starting from one of the basic concepts of FOREX, that is the return of the price towards its own average (MEAN REVERSION). The system identifies, mainly, the areas of overbought/oversold with the RSI indicator, used in MultiTimeFrame mode, and tries to exploit the reversals of prices thanks to filters that do not allow market entries in moments of excessive volatility. IT IS A SYSTEM THAT OP
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JacquesSQ9
20
JacquesSQ9 2021.12.08 09:02 

A recent addition to my quiver as far as my algorithm is concerned. It is firmly one of the 8 tools I use for every trade.

MARC-PRICE
14
MARC-PRICE 2021.10.06 20:52 

serious and reliable indicator 🔝

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