NexusFi: Find Your Edge


Home Menu

 





Need help - TSI - Function in ACSIL


Discussion in Sierra Chart

Updated
    1. trending_up 1,940 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?
My Rant with AMP Futures
Trading Reviews and Vendors
EA
Platforms and Indicators
No book, only a stair: journaling fills where price move …
Cryptocurrency
requesting .nrd replay files from 2026 spy and qqq
The Elite Circle
RTH vs ETH: when your chart and Volume Profile trading h …
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Mes vs MNQ
6 thanks
NexusFi site changelog and issues/problem reporting
5 thanks
BERN ALGOS algo trading journal
3 thanks
TopStep Trader disappointment
2 thanks
Running trading strategies on a VPS
1 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