OPEN-SOURCE SCRIPT
Trend Analysis Index
In essence, it is simply the standard deviation of the last x bars of a
y-bar moving average. Thus, the TAI is a simple trend indicator when prices
trend with authority, the slope of the moving average increases, and when
prices meander in a trendless range, the slope of the moving average decreases.
y-bar moving average. Thus, the TAI is a simple trend indicator when prices
trend with authority, the slope of the moving average increases, and when
prices meander in a trendless range, the slope of the moving average decreases.
Script de código aberto
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