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RSI With TSI

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This indicator combines the power of the Relative Strength Index (RSI) and the True Strength Index (TSI) into a single tool, helping traders identify both short-term and long-term momentum shifts with improved clarity and precision.

Features:
Relative Strength Index (RSI):

Adjustable period and source for RSI calculation (default: 14, close).

RSI displayed with distinct color.

Includes upper (70) and mid (50) level lines with background fill for visual emphasis.

Background fill highlights the RSI range visually.

True Strength Index (TSI):

Customizable long, short, and signal lengths.

TSI and its signal line plotted for momentum analysis.

Zero line added to quickly identify bullish or bearish zone.

📊 Why Use This Indicator?
This dual-indicator setup is excellent for:

Momentum confirmation between RSI and TSI.

Identifying early entries and trend continuations.

Spotting divergences and momentum reversals.

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.