There are many trading strategies that use theRelative Strength Index (RSI)indicator. Traders have come up with creative and profitable ways to use this indicator and it's available on every trading platform. However, what'snotavailable on every platform is the ability to get alerts when RSI h...
which shows them the average upward price movement vs. average downward price changes over a default 14-period time frame. That meansthe RSI indicator measures the last 14 candles,but each trade can adjust the desired time frame, to suit the desired trading strategy. The timeframe...
If you’re looking to capture a swing in a trending market. You can use these 3 indicators: Moving Average Relative strength Indicator Pivot Points Let me show you and I'll explain why. We talked about the RSI, I like to use a 10-period RSI because it's more responsive and takes int...
the chances are it is going to be a losing trade, even if due consideration has been given to the momentum. 3. Momentum as a Leading Indicator (Divergence). This indicator can also be used as a leading divergence indicator much the same way as RSI and MACD can be used as leading diver...
The ‘Better’ Emini charts look a little different – not your traditional moving averages, Fibonacci retracements, RSI and MACD. The video above runs through how to setup the ‘Better’ indicator charts with the 3 non-correlated indicators (Better Sine Wave,Better MomentumandBetter Pro Am)....
The RSI indicator is used to indicate three basic signals: RSI overbought: This is when the plotted line moves into the 70 – 100 area RSI oversold: This is when the plotted line moves into the 30 – 0 area RSI divergence: In this scenario, the RSI diverges from the prevailing price ac...
This can mean that the stock price trend is lagging behind the RSI indicator … And that it will change directions to match it soon. Tracking Results Through Lagging Indicators Lagging indicators are a great way to look back and see what happened.How did anews catalystimpact a stock? Does ...
For example, when using thebreadth thrust indicator(which is represented by a line indicatingmomentumlevels), we need to know which levels are relevant. The indicator itself is simply a line. The breadth thrust indicator looks similar toRSI, in that it is "range-bound," and it is used to ...
TheRelative Strength Index (RSI)is a momentum indicator that compares the magnitude of recent gains to recent losses in order to evaluate whether the mutual fund is overbought or oversold. An RSI above 70 would suggest that the mutual fund is overbought and its value is overpriced and poised t...
standard deviations widen or narrow dynamically based on the security's trading range,Bollinger Bandscan be a very flexible and adaptable tool.1It is very common to combine Bollinger Bands with another famous indicator, theRelative Strength Index, or RSI, to help confir...