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TSI - Indicator for MetaTrader 4

TSI
TypeIndicators PlatformMT4 Version10 Date created 2 January 2015 Date updated 3 August 2017
Formatmq4 Size3.1Kb Downloads341 Rating
3.7 of 5
based on 66 rates

The True Strength Index (TSI) generates indicators by smoothing the Momentum indicator twice. Momentum is an oscillatory indicator that measures price change for a certain period.

TSI follows the bars with a slight delay at the trend reversal points.

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