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Hey Trader, The True Strength Index (TSI) is a technical momentum indicator that measures market strength by analyzing price changes and volume. It oscillates between +100 and -100, with key signals occurring at the +20 and -20 levels. Traders use TSI to identify potential trend reversals and overbought or oversold conditions in financial markets. The indicator combines two smoothing processes using exponential moving averages, making it effective for both day trading and longer-term analysis. Understanding its signal line crossovers unlocks powerful trading opportunities. You can learn more about it in today’s article: >> Understanding and Using the True Strength Index (TSI) Indicator Enjoy it! Mark Soberman | |||
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