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Trend strength 2

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=41303
Forum: 17 · Topic 41303 · 6 post(s)


Trend strength 2

Alexander.Gettinger · Tue Jun 18, 2013 2:17 pm

This indicator is a ported MQL5 indicator from http://www.mql5.com/en/code/1699

Formulas: TS[i]=TS[i-1]+2/(Smooth+1)(RSI[i]-TS[i-1]), upband[i] = TS[i]+Kdelta2[i], loband[i] = TS[i]-Kdelta2[i], delta2[i] = delta2[i-1]+alpha(delta1[i]-delta2[i-1]), delta1[i] = delta1[i-1]+alpha*(rangeRSI-delta1[i-1]), alpha = 1/Period, rangeRSI = hiRSI - loRSI, hiRSI = max(TS[i], TS[i-1]), loRSI = min(TS[i], TS[i-1]).

Trend_Strength2.PNG

Download:

Trend_Strength2.lua

MT4/MQ4 version. viewtopic.php?f=38&t=66621


Re: Trend strength 2

tmdabc · Fri Oct 23, 2015 2:03 pm

looks good,thanks


Re: Trend strength 2

Apprentice · Mon Aug 21, 2017 7:54 am

The indicator was revised and updated.


Re: Trend strength 2

DanPhi74 · Sat Sep 01, 2018 10:26 am

Great indi. could you code it for mq4 please .

best regards


Re: Trend strength 2

Apprentice · Sat Sep 01, 2018 10:56 am

Your request is added to the development list under Id Number 4247


Re: Trend strength 2

Apprentice · Tue Sep 04, 2018 3:39 am

MT4/MQ4 version. viewtopic.php?f=38&t=66621