Lead time test: Trend Shift Indicator v2.0This is a simple , single , test of the Trend Shift Indicator's lead time.
5 day chart.
Lead time = signal time - directional shift time
Warning sign: upper line on TSI trending down while price trending up
End of warning: price shift in accordance with TSI direction.
Results :
Optimal Lead time = 1.25 days (of 5D)
Practical lead time= 1 day (of 5D)
Notes:
* This is simply one of many tests and is not indicative of constant performance -- as always use other confirmation indicators
* This is using version 2.0 of TSI, however the exact parameters and outcomes apply. It simply looks a bit different.
Trendshiftindicator
LSCC: oddly safe (3-5 day)
M-W looks bad for tech, but...
LSCC is one of a very few 1-week safe purchases for a weekly entry-exit
CDNA: Time to sell
powerline RSI shows overbought
Trend Shift Indicator shows overbought
OBV diverging from price trend
Editas: TSI v Price Divergence .... Time to Buy. Substantial divergence between absolute price and TSI values over a sustained period.
This would seem to support a price directional shift.
Cypress Semiconductor Playing Nice with TSI divergence1. Curious to see how CY handles early TSI signals in the downward direction
2. So far upward CY shifts have been preempted by TSI divergence
3. Will it hold for negative divergence?
4. Overall love the stock.
Another Brooks Automation Pop? TSI Divergence again1. Trend Shift Indicator did nicely with the last divergence (see lighter green lines)
2. TSI again showing divergence.
3. Lets look to see how this plays out.
Moderate TSI Divergence: Short term pop?1. TSI divergence (mild)
2. Low short term beta
3. Not particularly bullish on the stock generally, but curious about a short term move.
Editas Medicine EDIT: Still green (TSI)While post-earnings green, TSI indicates further momentum, also crossing against benchmarks.
