Trend Strength Indicator =EMA(RSI(21),3)-50;
Trend Strength Indicator is a 21 RSI Relative Strength Index 21 period that is smoothed
How to trade with Trend Strength Indicator ;
1. When Trend Strength Indicator trades between 10 and -10 price is ranging
1. When Trend Strength Indicator trades between 10 and 20 price is trending
1. When Trend Strength Indicator trades between -10 and -20 price is trending
1. When Trend Strength Indicator is bigger than 20 it is overbought, and if lower than -20 it is oversold
If market price is ar the upper Bollinger Bands and Trend Strength Indicator is between 10 and -10 then it considered for a sell entry.
