Hi, just thought I'd point out that TSI and TSI-Osc seem to be the same as RSX and RSI-Triple Hull, pretty much.
If you put all 4 on a chart you will see they line up exactly but use different scales RSX is 0 to 100, TSI is -100 to 100.
my apologies for the tiny image but vbulletin wouldn't accept more than 280 vertical pixels in the image.
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Originally Posted by newdigital
This True Strength Index indicator may be used together with above mentioned Trend Detection Index.
Please find some variations of this indicator written by russians.
TSI indicator is based on the book:
Momentum, Direction, and Divergence, William Blau, series editor Perry J. Kaufman.
I have this book in russian.
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