Double-smoothed momentum as a share of its own magnitude, −100 to +100.
Preview
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What it measures
Double-smoothed momentum as a share of its own magnitude, −100 to +100: momentum with the noise taken out twice.
- Inputs
- Long length 25Short length 13
- Output
- A line, on its own scale
- Feeds
- Entry and exit rules
- Warm-up
- 38 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- True Strength Index (TSI)
- Also known as
- TSI