True strength index mt4
- Indicatori
- Versione: 1.0
- Attivazioni: 20
TrueStrength Oscillator v1.00
Visual representation
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Thick blue line: The main TSI, which tracks market momentum.
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Thick red line: The signal line, which follows the main line closely to identify crossovers.
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Thin blue bars: Histogram bars extending from the zero line to the main blue line.
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Dotted gray line: The zero level, providing a clear reference for trend reversals.
Operational advantages
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Fixed scale: The range remains constant between -0.000001 and +0.000001 for consistent reading.
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No repainting: Calculations are performed only on closed bars, ensuring data reliability.
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Timeframe versatility: Works on all timeframes, from M1 to MN1.
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Performance: Lightweight indicator designed to ensure smooth terminal operation.
Adjustable settings
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SignalPeriod: 2 (adjusts the speed of the red signal line).
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SignalSmooth: 0.2 (adjusts the signal smoothing).
