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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.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.