The TSI Indicator
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6 Buy/Sell Techniques using the TSI Indicator
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I have identified no fewer than 6 techniques for using the True Strength Index (TSI) indicator for the accurate generation of Buy/Sell trading decisions.
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I will present these 6 techniques accompanied by charts and demonstrate their interpretation.
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The 6 techniques are:
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1. ZERO Crossover
2. Trend Line Break
3. Positive/Negative Divergence
4. Support/Resistance Line Break
5. Nosebleed/Opposite
6. Moving Average Crossover
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Let's first begin with the ZERO Crossover, as it demonstrates the wonderfully characteristic 'truth' of the True Strength Index indicator:
*
a.) when the indicator is rising above the ZERO level, price is always also rising.
b.) when the indicator is falling below the ZERO level, price is always also falling.
*
....Further info in source code of scripts..
Enjoy.
Make It Mine via share button to use.
6 Buy/Sell Techniques using the TSI Indicator
*
I have identified no fewer than 6 techniques for using the True Strength Index (TSI) indicator for the accurate generation of Buy/Sell trading decisions.
*
I will present these 6 techniques accompanied by charts and demonstrate their interpretation.
*
The 6 techniques are:
*
1. ZERO Crossover
2. Trend Line Break
3. Positive/Negative Divergence
4. Support/Resistance Line Break
5. Nosebleed/Opposite
6. Moving Average Crossover
*
Let's first begin with the ZERO Crossover, as it demonstrates the wonderfully characteristic 'truth' of the True Strength Index indicator:
*
a.) when the indicator is rising above the ZERO level, price is always also rising.
b.) when the indicator is falling below the ZERO level, price is always also falling.
*
....Further info in source code of scripts..
Enjoy.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.