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Try using TSI along with a ( 9 day ) EMA of TSI as a trigger line,
similar to a MACD & trigger line. Experiment with the moving average
periods inside the TSI. In his book, I think Blau recommended using one
MA much longer than the other.
Lpetersen wrote:
>
> Friends,
> I have recently been using the True Strength Index into my MSPro day
> trading screen.
> The indicator appears to be promising, but I cannot find any
> documentation. If you have any information as to how the True Stength
> Index can be most effectively used, please share with the list.
>
> Here is the formula:
>
> 100*(Mov(Mov(ROC(C,1
> $),25,E),13,E)/Mov(Mov(Abs(ROC(C,1,$)),25,E),13,E))
>
> Larry [Brady Bunch]
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