PROTECTED SOURCE SCRIPT

xTsi [AuraX 㔬]

25
# xTSI

Advanced indicator that identifies periods of volatility as well as price correction events. It also highlights breakout dynamics, giving traders actionable insights into potential market momentum.

Key features:

Correction Zone Detection:
Identifies periods when volatility decreases until it reaches a correction phase.

Breakout Visualization:
When reaching correction phases, it generates the crossing of TSI lines generating a color change and thus indicating the new direction of the price.

Market trend reiteration:
Through a broader view we include multi-temporality which identifies the price trend more accurately.

Remarks:
xTSI clearly shows both the correction area as well as the price direction.

The advance of the xTSI lines parallel to each other as well as their degree of slope clearly shows the direction.

Preferably from overbought or oversold areas providing higher probability rates, with lower corrections approaching the mid-range.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.