True Strength Index (TSI) Trading Strategy (opens in new tab)

True Strength Index: What It Is, Formula, Settings, And Trading Strategy Today, we look at the True Strength Index \(TSI\): what it is, formula, settings, and trading strategy The True Strength Index, or TSI, is a momentum oscillator developed by William Blau\. It is designed to show both the direction and strength of price momentum, while smoothing out some of the noise that often appears in raw momentum indicators\. The indicator moves above and below a zero line\. When the TSI is above zer...