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Trend Confirmation Indicator (TCI)

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Trend Confirmation Indicator (TCI)

Postby 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
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Apprentice
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Re: Trend Confirmation Indicator (TCI)

Postby Apprentice » Mon Feb 13, 2017 12:51 pm

Indicator was revised and updated.
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