The True Strength Index (TSI) is a powerful momentum oscillator that enables traders to identify potential trade opportunities by measuring the strength of a trend. This unique indicator is based on double-smoothed price changes, providing a more accurate representation of momentum in its truest form . In this blog post, we will delve into the world of TSI,...
Hello traders! Oscillators are the most popular instruments of TA. Thus, I wanna extend the pool of your oscillators. So, ladies and gentlemen , today we’ll speak about True Strength Index. The true strength index (TSI) is a technical momentum oscillator used to identify trends and reversals. The indicator may be useful for determining overbought and oversold...
GBPCHF - Rockets with TSI Simulation. This is a Simulation that uses the classic Rockets. Besides, it compares Rockets with the TSI or MACD entries and exits. This is a way to simplify the trading practice when a trader like me has not more the willing to analyze the market point-to-point, for manual trading. As you can see, the price line is no longer...