6 Buy/Sell Techniques using the TSI Indicator * I have identified no fewer than 6 techniques for using the True Strength Index (TSI) indicator for the accurate generation of Buy/Sell trading decisions. * I will present these 6 techniques accompanied by charts and demonstrate their interpretation. * The 6 techniques are: * 1. ZERO Crossover 2. Trend Line Break 3. Positive/Negative Divergence 4. Support/Resistance Line Break 5. Nosebleed/Opposite 6. Moving Average Crossover * Let's first begin with the ZERO Crossover, as it demonstrates the wonderfully characteristic 'truth' of the True Strength Index indicator: * a.) when the indicator is rising above the ZERO level, price is always also rising. b.) when the indicator is falling below the ZERO level, price is always also falling. * ....Further info in source code of scripts.. Enjoy.
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