From fdc6c0e1b65de105bbb434e46fa389329db6509f Mon Sep 17 00:00:00 2001 From: Toh4iem9 Date: Tue, 20 Jan 2026 20:37:52 +0100 Subject: [PATCH] new files added --- Indicators/MyIndicators/TSI_Pro_Suite.md | 65 ++++++++++++++++++++++++ 1 file changed, 65 insertions(+) create mode 100644 Indicators/MyIndicators/TSI_Pro_Suite.md diff --git a/Indicators/MyIndicators/TSI_Pro_Suite.md b/Indicators/MyIndicators/TSI_Pro_Suite.md new file mode 100644 index 0000000..641375a --- /dev/null +++ b/Indicators/MyIndicators/TSI_Pro_Suite.md @@ -0,0 +1,65 @@ +# True Strength Index (TSI) Pro Suite + +## 1. Summary (Introduction) + +The **True Strength Index (TSI)**, developed by William Blau, is a momentum oscillator designed to provide a smoother and more reliable measure of market momentum than traditional indicators. It fluctuates around a zero line, providing clear signals for trend direction, momentum, and overbought/oversold conditions. + +Our professional implementation, the **TSI Pro Suite**, modernizes this classic indicator by offering: + +* **Extended Smoothing Types:** Ability to replace the standard EMAs with SMA, DEMA, TEMA, etc., for both the core calculation and the signal line. +* **Full Heikin Ashi Support:** Seamless integration with Heikin Ashi price data. +* **Modular Design:** A unified calculation engine powering both the line and oscillator versions. + +The suite consists of: + +1. **`TSI_Pro`:** The classic implementation (TSI Line + Signal Line). +2. **`TSI_Oscillator_Pro`:** A histogram version displaying the difference between the TSI and its Signal Line. + +## 2. Mathematical Foundations + +The TSI is calculated by double-smoothing both the price momentum and the absolute price momentum. + +### Calculation Steps + +1. **Momentum:** Calculate the change in price from the previous bar. + * $M = P_i - P_{i-1}$ +2. **First Smoothing (Slow):** Apply a moving average (typically EMA) to both $M$ and $|M|$ over the `Slow Period`. +3. **Second Smoothing (Fast):** Apply a moving average to the results of the first step over the `Fast Period`. +4. **TSI Value:** + * $\text{TSI} = 100 \times \frac{\text{DoubleSmoothed}(M)}{\text{DoubleSmoothed}(|M|)}$ +5. **Signal Line:** A moving average of the TSI line. +6. **Oscillator:** $\text{TSI} - \text{Signal Line}$. + +## 3. MQL5 Implementation Details + +* **Unified Calculator Engine:** Both indicators use the `TSI_Calculator.mqh` engine. This ensures mathematical consistency. +* **O(1) Incremental Calculation:** Optimized for high performance. The indicators process only new bars (`prev_calculated`), ensuring zero lag. +* **Composition:** The calculator internally uses 5 instances of our `MovingAverage_Engine` to handle the various smoothing steps flexibly. + +## 4. Parameters + +### TSI Calculation Settings + +* **Slow Period:** Lookback for the first smoothing (Default: 25). +* **Slow MA Type:** Smoothing method for the first step (Default: EMA). +* **Fast Period:** Lookback for the second smoothing (Default: 13). +* **Fast MA Type:** Smoothing method for the second step (Default: EMA). +* **Price Source:** Selects the input data (Standard or Heikin Ashi). + +### Signal Line Settings + +* **Signal Period:** Lookback for the signal line (Default: 13). +* **Signal MA Type:** Smoothing method for the signal line (Default: EMA). + +## 5. Usage and Interpretation + +### TSI Line (`TSI_Pro`) + +* **Signal Crossover:** Buy when TSI crosses above Signal; Sell when TSI crosses below Signal. +* **Zero Line:** Crossover indicates long-term trend change. +* **Divergence:** Divergences between TSI and price often precede reversals. + +### TSI Oscillator (`TSI_Oscillator_Pro`) + +* **Histogram:** Visualizes the momentum strength. Growing bars = accelerating momentum. Shrinking bars = decelerating momentum. +* **Zero Cross:** Corresponds to the TSI/Signal crossover.