tr4ever

Trend Intensity

667 0 49
The Trend Intensity indicator measures the strength of the trend. Trend intensity tells us whether we are in an up or downtrend.

Ex:
A TI value of 150 means that the 7 day moving average is currently 50% above the 65 day moving average. This tells us that prices were moving up quickly in recent history.
A TI value of 80 tells us that the 7 day moving average is currently 20% below the 65 day moving average. This tells us that prices were moving down in recent history.
Remove from Favorite Scripts Add to Favorite Scripts
study(title = "Trend Intensity", shorttitle="TI", overlay=true)
src = close

len = input(7, minval=1, title="Length")
smma = na(smma[1]) ? sma(src, len) : (smma[1] * (len - 1) + src) / len
plot(smma, color=red)

lenn = input(65, minval=1, title="Length")
smmaa = na(smmaa[1]) ? sma(src, lenn) : (smmaa[1] * (lenn - 1) + src) / lenn
plot(smmaa, color=green)

TI = smma/smmaa * 100
plot(TI, color=blue)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out