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Trend Confirmation Indicator (TCI)

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=3447
Forum: 17 · Topic 3447 · 2 post(s)


Trend Confirmation Indicator (TCI)

Apprentice · Fri Feb 18, 2011 2:23 pm

TCI.png

The TCI is defined as ratio of a short term SMA of the price and a long term SMA, TCI[period] = (ShortMVA[period] / LongMVA[period]-1) *100;

TCI.lua

MT4/MQ4 version. viewtopic.php?f=38&t=65657&p=117174#p117174

The indicator was revised and updated


Re: Trend Confirmation Indicator (TCI)

Apprentice · Mon Feb 13, 2017 12:51 pm

Indicator was revised and updated.