This document defines a True Strength Index (TSI) indicator that generates buy and sell signals. It takes the close price as input, calculates double smoothed price changes, plots the TSI value and its signal line, and triggers alerts when the TSI crosses above or below the signal line while below or above zero respectively.
This document defines a True Strength Index (TSI) indicator that generates buy and sell signals. It takes the close price as input, calculates double smoothed price changes, plots the TSI value and its signal line, and triggers alerts when the TSI crosses above or below the signal line while below or above zero respectively.
This document defines a True Strength Index (TSI) indicator that generates buy and sell signals. It takes the close price as input, calculates double smoothed price changes, plots the TSI value and its signal line, and triggers alerts when the TSI crosses above or below the signal line while below or above zero respectively.