Studies · Trend
Trend Intensity Index (TII)
trendIntensityIndex · M. H. Pee's trend intensity index — deviations above an SMA
Drawn in its own panelReads one column (close here)
Hover the chart to read values · practice data: a seeded random walk with no overnight gaps
What it measures
Takes how far price has been from its long moving average over recent bars and reports what share of that distance was above the average, as 0 to 100. 50 means price spent as much distance above the average as below it.
How traders use it
- Readings persistently above 80 point to a strong uptrend, below 20 a strong downtrend.
- Readings hovering around 50 mean there is no trend worth following.
- A move out of the middle zone can flag the start of a trend.
Parameters
| Name | Value | Default | Allowed | What it does |
|---|---|---|---|---|
| period | 30 | ≥ 1 usual 10–60 | How many recent bars of deviation are summed. Pee used 30, half the average length. | |
| maPeriod | 60 | ≥ 1 usual 20–120 | Length of the simple moving average that price is measured against. Pee used 60. |
Good to know
Needs about period + maPeriod bars before its first value, so the line starts later than most.