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TSI - Trend Strength Index

by clonex, 3843 days ago
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The TSI is an intermediate-term absolute (versus relative ) measure of the tendency of a stock to trend or mean revert. The premise underlying the theory is that stocks with a high degree of momentum in relation to volatility are much less likely to mean-revert than those that have a low degree of momentum in relation to volatility.

More Info:
http://cssanalytics.wordpress.com/2010/06/28/trend-strength-index-tsi/
Tests:
http://cssanalytics.wordpress.com/2010/06/29/trend-strength-index-tsi-results-summary/



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Type: Trading Indicator

Object ID: 1444


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