TSI Oscillator

TSI Oscillator:

The True Strength Index (TSI) is a momentum oscillator that measures trend strength via double-smoothed price changes, oscillating between -100 and +100 (typically -25 to +25). It filters noise better than RSI using EMAs. In the screenshot (TradingView, Sep 22, 2025), it's part of "Momentum Concepts Pro v1.0," showing candlesticks (~661-665 USD) above, with TSI lines below: white (fast TSI), yellow (signal), red zero line, and green (histogram/Z-score) for extremes.

How to Use the TSI Oscillator

Components

• White Line: Fast TSI for momentum direction.

• Yellow Line: Slow signal for confirmation.

• Red Zero Line: Bullish above, bearish below.

• Green Line/Zones: Overbought (red, ~2.0) vs. oversold (green, ~-2.0).

Setup on TradingView

• Add "Momentum Concepts Pro" or standard TSI.

• Defaults: 25/13 EMAs; adjust for timeframe (e.g., intraday like screenshot's 10-min candles).

Key Signals

• Centerline Cross: Above zero = bullish bias; below = bearish.

• Signal Cross: White over yellow = buy (esp. above zero); white under = sell.

• Zones: +25 overbought (sell warning); -25 oversold (buy potential). Watch hooks/reversals.

• Divergences: Price vs. TSI mismatches signal reversals.

Strategies

• Trend Follow: Buy on bullish crosses in uptrends; short in downtrends.

• Reversals: Long from oversold hooks; short from overbought.

• Exits: At opposite zones or reverse signals; use stops at swings/EMAs.

• Avoid choppy flats around zero; combine with price structure. Backtest before trading.