Trend Intensity Index

tii

Function Name: tii

Tags: None

Category: Trend

TII is used to indicate the strength of the current trend in the market. The stronger the current trend, the more likely the market will continue moving in the current direction.

 

Author:   M.H. Pee

Link:       http://www.onlinetradingconcepts.com/TechnicalAnalysis/TRIX.html

 

Parameters

major_period

 

Default Value: 60  |  Minimum: 2  |  Maximum: 9999

 

Type: Numeric

minor_period

 

Default Value: 30  |  Minimum: 1  |  Maximum: 9999

 

Type: Numeric