TSI MACD by Jwammo12

The TSI MACD indicator is a combination of the TSI (True Strength Index) and MACD (Moving Average Convergence Divergence) technical indicators.

The TSI MACD indicator is a momentum indicator, considering that it comes from two momentum indicators.

Ultimately, the TSI MACD indicator is used to gauge the strength of a trend, as well as its accompanying momentum.

The indicator is shown to oscillate between -110 and +110, while its signal baseline is on the zero level (a level that determines the market bias).