TSI

Blau Ergodic TSI – indicator MetaTrader 5

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Blau Ergodic TSI - indicator for MetaTrader 5
Ergodic True Strength index (as described by the author – William Blau) Definition: By definition TSI (True Strength Index) is a double smoothed momentum calculated using the following formula: By further extending his definition, William Blau states that: The Ergodic is a double smoothed TSI with one smoothing fixed at five price bars. A further … Read more