category Trend at 05/06/2023

BJ TSI

Description

using System;

using cAlgo.API;

using cAlgo.API.Indicators;

namespace cAlgo

{

[Levels(-25, 0, 25)]

[Indicator(IsOverlay = false, AccessRights = AccessRights.None)]

public class TrueStrengthIndex : Indicator

{

// Double Smoothed PC

// PC = Current Price minus Prior Price

// First Smoothing = 25-period EMA of PC

// Second Smoothing = 13-period EMA of 25-period EMA of PC

// Double Smoothed Absolute PC

// Absolute Price Change |PC| = Absolute Value of Current Price minus Prior Price

// First Smoothing = 25-period EMA of |PC|

// Second Smoothing = 13-period EMA of 25-period EMA of |PC|

// TSI = 100 x (Double Smoothed PC / Double Smoothed Absolute PC)

[Parameter("Source")]

public DataSeries Source { get; set; }

[Parameter("First Smoothing", DefaultValue = 25, MinValue = 1)]

public int FirstSmoothingPeriods { get; set; }

[Parameter("Second Smoothing", DefaultValue = 13, MinValue = 1)]

public int SecondSmoothingPeriods { get; set; }

[Parameter("Signal Periods", DefaultValue = 7, MinValue = 1)]

public int SignalPeriods { get; set; }

[Output("TSI", LineColor = "DodgerBlue")]

public IndicatorDataSeries TSI { get; set; }

[Output("Signal", LineColor = "Red")]

public IndicatorDataSeries Signal { get; set; }

private IndicatorDataSeries PC, APC;

private ExponentialMovingAverage FirstSmoothingPC, SecondSmoothingPC, FirstSmoothingAPC, SecondSmoothingAPC;

private ExponentialMovingAverage SignalEMA;

protected override void Initialize()

{

PC = CreateDataSeries();

FirstSmoothingPC = Indicators.ExponentialMovingAverage(PC, FirstSmoothingPeriods);

SecondSmoothingPC = Indicators.ExponentialMovingAverage(FirstSmoothingPC.Result, SecondSmoothingPeriods);

APC = CreateDataSeries();

FirstSmoothingAPC = Indicators.ExponentialMovingAverage(APC, FirstSmoothingPeriods);

SecondSmoothingAPC = Indicators.ExponentialMovingAverage(FirstSmoothingAPC.Result, SecondSmoothingPeriods);

SignalEMA = Indicators.ExponentialMovingAverage(TSI, SignalPeriods);

}

public override void Calculate(int index)

{

PC[indice] = Source[indice] - Source[indice - 1] ;

APC[index] = Math.Abs(PC[index]);

TSI[index] = 100 * (SecondSmoothingPC.Result[index] / SecondSmoothingAPC.Result[index]);

Signal[index] = SignalEMA.Résultat[index] ;

}

}

Formula / Source Code


using System;
using cAlgo.API;
using cAlgo.API.Indicators;

namespace cAlgo
{
    [Levels(-25, 0, 25)]
    [Indicator(IsOverlay = false, AccessRights = AccessRights.None)]
    public class TrueStrengthIndex : Indicator
    {
        // Double Smoothed PC
        // PC = Current Price minus Prior Price
        // First Smoothing = 25-period EMA of PC
        // Second Smoothing = 13-period EMA of 25-period EMA of PC

        // Double Smoothed Absolute PC
        // Absolute Price Change |PC| = Absolute Value of Current Price minus Prior Price
        // First Smoothing = 25-period EMA of |PC|
        // Second Smoothing = 13-period EMA of 25-period EMA of |PC|

        // TSI = 100 x (Double Smoothed PC / Double Smoothed Absolute PC)

        [Parameter("Source")]
        public DataSeries Source { get; set; }

        [Parameter("First Smoothing", DefaultValue = 25, MinValue = 1)]
        public int FirstSmoothingPeriods { get; set; }

        [Parameter("Second Smoothing", DefaultValue = 13, MinValue = 1)]
        public int SecondSmoothingPeriods { get; set; }

        [Parameter("Signal Periods", DefaultValue = 7, MinValue = 1)]
        public int SignalPeriods { get; set; }

        [Output("TSI", LineColor = "DodgerBlue")]
        public IndicatorDataSeries TSI { get; set; }

        [Output("Signal", LineColor = "Red")]
        public IndicatorDataSeries Signal { get; set; }

        private IndicatorDataSeries PC, APC;
        private ExponentialMovingAverage FirstSmoothingPC, SecondSmoothingPC, FirstSmoothingAPC, SecondSmoothingAPC;
        private ExponentialMovingAverage SignalEMA;

        protected override void Initialize()
        {
            PC = CreateDataSeries();
            FirstSmoothingPC = Indicators.ExponentialMovingAverage(PC, FirstSmoothingPeriods);
            SecondSmoothingPC = Indicators.ExponentialMovingAverage(FirstSmoothingPC.Result, SecondSmoothingPeriods);

            APC = CreateDataSeries();
            FirstSmoothingAPC = Indicators.ExponentialMovingAverage(APC, FirstSmoothingPeriods);
            SecondSmoothingAPC = Indicators.ExponentialMovingAverage(FirstSmoothingAPC.Result, SecondSmoothingPeriods);

            SignalEMA = Indicators.ExponentialMovingAverage(TSI, SignalPeriods);
        }

        public override void Calculate(int index)
        {
            PC[index] = Source[index] - Source[index - 1];
            APC[index] = Math.Abs(PC[index]);
            TSI[index] = 100 * (SecondSmoothingPC.Result[index] / SecondSmoothingAPC.Result[index]);

            Signal[index] = SignalEMA.Result[index];
        }
    }
}

ftmo1685059507

Joined 05.06.2023

Type: free
Language: C#
Trading Platform: cTrader Automate
Filename: True Strength Index.algo
Rating: 0
Downloads: 118

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