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The momentum period is 1. It cannot be changed. It would not be difficult to add a parameter to the indicator that allows for ajdusting the momentum period. Why would you like to change it?
As to my knowledge, Blau has always use the price change from the prior to the current bar.
If you wish to color the histogram, you would need to add a few lines to the code. Easy to do as well.
The updated indicator has several new features added:
- You may select a momentum period greater than 1.
- There is now a choice of more than 30 moving averages which can be used for the double or triple smoothing.
The parameter structure of the indicator has changed. This means that anyone who has called the old version of the anaTSI from another indicator or strategy needs to adapt the indicator call to be in line with the new parameter structure.
The chart attached shows a TSI where momentum was double smoothed with a 2-pole Butterworth filter. The signal line was obtained as the ADXVMA of the TSI.
Regarding the colouring of the histogram. I have compared the anaTSi vs. the WizBlauDSS3 which is programmed by you as well to identify the required changes. I have to admit I am certainly not a programmer. It seems to be quite some changes necessary. It would be great if you could advise...