True Strenght Index (TSI) 6 BUY / SELL strategies
1
I am trading since six years now, and I must confess, there is not a single coded indicator anywhere, that is really helping a trader making constant profit´s over long distance.
The signals provided by those indis, are allways too late, in most cases, and not reliable, also on bar close or whatsoever, and are allways redrawn
The only one, that really worked in my opinion, to predict the markets, is the True Strenght Index.
Once this double smoothed mommentum indicator brakes a trendline on two(oscilator window)points, he doesnt care about fibos or ema´s, or even the trendlines in the mainchart window, he goes through like a sharp knife.
This is also why, most of the arrow indis are continue plotting signals in the wrong direction, even the price has allready changed direction.
I really appreciate the efforts of Mladen, Mr.Tools and trying to help other traders.
Hoping, that coders are get inspired by those techniques, and are able to create a good indicator, that is really working, by detecting and breaking the trendline on two points.
The period used for TSI is (first: 50, second: 8)
I enclosed a link who just explains how those strategies are working. No spam, no sell anything. Its for free.
Regards
KK
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