True Strength Index (TSI)
Double-smooths bar-to-bar price change with a long and a short EMA and divides it by the equally smoothed absolute change, bounding readings between -100 and +100. Above zero, buyers dominate; below zero, sellers dominate — zero-line crossings mark momentum changing sides.
Live Demo
Pick a market regime to see how TSI(38) reacts:
Usage
import {} from 'trading-signals';
// TSI yields results once 38 inputs have been added
const = new ();