NexusFi: Find Your Edge


Home Menu

 





Need help - TSI - Function in ACSIL


Discussion in Sierra Chart

Updated
    1. trending_up 1,829 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 ejtrader 
Portland, OR
 
Experience: Intermediate
Platform: Sierra Chart
Trading: ES
Posts: 269 since Jan 2011
Thanks Given: 327
Thanks Received: 180

Hello - Can any one help with converting this function to ACSIL? There is built in True strength indicator(scsf_TrueStrengthIndex) available in Sierra but - I would like to have it in more generic form - where it can be called multiple times with various parameters.

Thanks in advance.

Here is the TS Code:

TSI Function:
----------------
 
Code
{TSI function = True Strength Index by Bill Blau}

{FORMAT: TSI(Price,r,s,u)
Where: r = length of first EMA smoothing of 1 day momentum,
s = length of second EMA smoothing of 1 day smooting,
u = length of third EMA smooting of 1 daymomentum.}

Inputs:
Price(NumericSeries), r(NumericSimple), s(NumericSimple), u(NumericSimple);

Value1= 100*TXAverage(Price-Price[1],r,s,u) ; { Numerator }
Value2=TXAverage(AbsValue(Price-Price[1]),r,s,u) ; { Denominator }

If Value2 <> 0 then TSI = Value1 / Value2 else TSI = 0;
TXAverage Function:
--------------------------
 
Code
{TXAverage function

FORMAT: TXAverage(Price,r,s,u) }

Inputs: Price(NumericSeries), r(NumericSimple),s(NumericSimple),
u(NumericSimple);

TXAverage = XAverage(XAverage(XAverage(Price,r),s),u) ;

Indicator code (to demonstrate the repeat use of the function - Which I am unable to replicate in Sierra):
-------------------
 
Code
plot1(xaverage(TSI(High,10,20,30),5));
plot2(xaverage(TSI(Low,10,20,30),5));


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
CFTC Requests Tag 50 Trader Identity Data From CME and I …
Traders Hideout
Iran Fired a Missile at Israel Last Night. The $8M June …
Prediction Markets & Event Contracts
Six Days to Kickoff: World Cup Prediction Markets Hit $1 …
Prediction Markets & Event Contracts
Saylors 41-Month HODL Breaks: Strategy Sells 32 BTC as $ …
Prediction Markets & Event Contracts
Trump Lands in Beijing on CPI Day: Iran Peace Expires To …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Big Mike in Ecuador
205 thanks
Sober Journey With S&P
21 thanks
30 Sessions
20 thanks
Volume Indicators
8 thanks
Thanks Mike. Godspeed.
7 thanks




Last Updated on September 11, 2012


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts