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已更新 Trend Strength Index - ZTF Modified
This is a modification of TradingView's default Trend Strength Index indicator.
The Trend Strength Index measures the tendency of a symbol to either trend steadily or to revert to its mean. The core idea behind TSI is that the more momentum a symbol has relative to its volatility, the more likely it is to follow a trend and less likely to revert to its mean.
This indicator analyzes price momentum using the Pearson correlation coefficient, a normalized measure of the linear relationship between time series. Its output shows the correlation between the chart's closing prices and bar index values over a defined number of bars.
A value near +1 shows that prices experienced relatively steady increases across successive bars, indicating high upward trend strength
A value near -1 shows that prices experienced relatively steady decreases across successive bars, indicating high downward trend strength
A value near 0 suggests a lack of trend strength, because prices did not demonstrate a steady positive or negative relationship with the bar index
ZTF Modification: Added a green background highlight that appears when TSI reaches 0.90 or above, providing a visual alert for extremely strong bullish trend conditions.
Credit: Based on TradingView's default Trend Strength Index indicator.
The Trend Strength Index measures the tendency of a symbol to either trend steadily or to revert to its mean. The core idea behind TSI is that the more momentum a symbol has relative to its volatility, the more likely it is to follow a trend and less likely to revert to its mean.
This indicator analyzes price momentum using the Pearson correlation coefficient, a normalized measure of the linear relationship between time series. Its output shows the correlation between the chart's closing prices and bar index values over a defined number of bars.
A value near +1 shows that prices experienced relatively steady increases across successive bars, indicating high upward trend strength
A value near -1 shows that prices experienced relatively steady decreases across successive bars, indicating high downward trend strength
A value near 0 suggests a lack of trend strength, because prices did not demonstrate a steady positive or negative relationship with the bar index
ZTF Modification: Added a green background highlight that appears when TSI reaches 0.90 or above, providing a visual alert for extremely strong bullish trend conditions.
Credit: Based on TradingView's default Trend Strength Index indicator.
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受保護腳本
此腳本以閉源形式發佈。 不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。