This indicator calculates performs various EMA calculations using the (high+low+close)/3 as the input, as well as the difference between the EMAs and current HLC3 values to produce its final output result.

The resulting output oscillates around a value of 50, where values above 50 indicate an upward trend and vice versa. Additionally, values above 70 is considered a strong uptrend, where values below 30 indicate a strong downward trend.

The following properties are available to access:

The lengths of the indicator's moving averages can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "TCI" Procedure Loop.

Example:

This indicator can be used to enter a trade when the value rises above the value of 70:

 chart.at01hs.tci.value > 70 && chart.at01hs.tci.previous.value <= 70