TSI Convergence Divergence (TSI_CD)

Category: momentum

A True Strength Index (TSI) variant that calculates the histogram (Convergence/Divergence) between the TSI main line and its signal line.

Formula

TSI\_CD = TSI_{main} - TSI_{signal} \text{ where } TSI \text{ is derived from } iCustom("TSIs")

Inputs

• ema1 (default: 25)
• ema2 (default: 13)
• sMAp (default: 10)
• MAmode (default: MODE_EMA)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.