Trend Confirmation Indicator (TCI)

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

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
(2.33 KiB) Downloaded 459 times


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

The indicator was revised and updated
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 18849
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Trend Confirmation Indicator (TCI)

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

Indicator was revised and updated.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 18849
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


Return to Custom Indicators

Who is online

Users browsing this forum: Bing [Bot] and 15 guests