Trend Strength Analyzer 4

The technical indicator Trend Strength Analyzer measures the deviation of the price of an instrument from average values ​​over a specific period of time. A comparative analysis of the relative strength of bulls and bears underlies the indicator. If bulls prevail, an upward trend. If bears are stronger - a downward trend.
     Settings:
Strike Energy (2 solid lines) = 14.
Influence Power (2 dotted lines) = 50.

The TSA oscillator is effective in an active market. The most commonly used indicator signals are discrepancies, intersections, transitions from the zone of negative values ​​to the zone of positive values ​​and vice versa. The divergence of the lines suggests that one of the parties takes over: buyers or sellers. The convergence of the lines warns of a change in the balance of power of opponents. Crossing lines means a change in trend.

    https://www.mql5.com/en/users/meijin/seller