diff --git a/Indicators/MyIndicators/TSI_Oscillator_Pro.md b/Indicators/MyIndicators/TSI_Oscillator_Pro.md new file mode 100644 index 0000000..dc0506b --- /dev/null +++ b/Indicators/MyIndicators/TSI_Oscillator_Pro.md @@ -0,0 +1,53 @@ +# TSI Oscillator Professional + +## 1. Summary (Introduction) + +The TSI Oscillator is a supplementary indicator to the True Strength Index (TSI). It displays the difference between the main TSI line and its signal line as a histogram, providing a clearer visual representation of accelerating and decelerating momentum, similar to the MACD histogram. + +Our `TSI_Oscillator_Pro` implementation is a unified, professional version that allows the calculation to be based on either **standard** or **Heikin Ashi** price data, selectable from a single input parameter. + +## 2. Mathematical Foundations and Calculation Logic + +The TSI Oscillator is the final step in the TSI calculation chain. + +### Calculation Steps (Algorithm) + +1. **Calculate the TSI Line:** The full, double-smoothed True Strength Index is calculated first. +2. **Calculate the Signal Line:** A moving average of the TSI line is calculated. +3. **Calculate the TSI Oscillator:** The oscillator is the difference between the TSI line and its Signal Line. + $\text{Oscillator}_i = \text{TSI}_i - \text{Signal}_i$ + +## 3. MQL5 Implementation Details + +Our MQL5 implementation follows a modern, component-based, object-oriented design. + +* **Centralized Calculation Engine (`TSI_Engine.mqh`):** + The core of our implementation is the single, powerful `TSI_Engine.mqh`. This include file contains the complete, definition-true logic for calculating both the TSI and its signal line. + +* **Specialized Wrapper (`TSI_Oscillator_Calculator.mqh`):** + The oscillator indicator uses a thin "wrapper" class that utilizes the central engine. The wrapper's role is to: + 1. Instantiate the correct engine (standard or HA). + 2. Call the engine to get the calculated TSI and Signal lines. + 3. Perform one final step: calculate the difference between the two lines to produce the histogram. + This approach ensures that both the `TSI_Pro` and `TSI_Oscillator_Pro` indicators are always based on the exact same core calculation logic. + +* **Stability via Full Recalculation:** We employ a "brute-force" full recalculation within `OnCalculate` for maximum stability. + +## 4. Parameters + +* **Slow Period (`InpSlowPeriod`):** The period for the first, longer-term EMA smoothing. Default is `25`. +* **Fast Period (`InpFastPeriod`):** The period for the second, shorter-term EMA smoothing. Default is `13`. +* **Applied Price (`InpSourcePrice`):** The source price for the calculation. This unified dropdown menu allows you to select from all standard and Heikin Ashi price types. +* **Signal Line Settings:** + * `InpSignalPeriod`: The lookback period for the signal line. Default is `13`. + * `InpSignalMAType`: The type of moving average for the signal line. Default is `MODE_EMA`. + +## 5. Usage and Interpretation + +The TSI Oscillator provides a clear visual of the relationship between the TSI and its signal line. + +* **Histogram > 0:** The TSI is above its signal line (bullish momentum). +* **Histogram < 0:** The TSI is below its signal line (bearish momentum). +* **Growing Histogram:** Momentum is accelerating in the current direction. +* **Shrinking Histogram:** Momentum is decelerating, which can be an early warning of a potential crossover and trend change. +* **Zero Line Crossover:** A crossover of the histogram through the zero line corresponds directly to a crossover of the TSI and its signal line, providing clear entry/exit signals.