RSI EA Forum Forex is a comprehensive online forum devoted to discussions and strategies related to the RSI indicator in foreign exchange trading. With the help of professional traders and experienced participants in the forex market, the forum serves as an educational resource on technical indicators, trading strategies, and more. Featuring exclusive insights and powerful tools, the forum is a valuable resource for traders to learn more about how to maximize returns with the RSI indicator. Whether you’re a beginner or a seasoned trader, you can find invaluable help and guidance here.
Tag: RSI
Relative Strength Index (RSI) is a highly popular technical analysis indicator used to measure the magnitude of price movements and momentum of a stock or currency. RSI is calculated by creating a ratio of the average gains to the average losses over a specific time period. An RSI value above 70 typically indicates a stock is overbought while a value below 30 suggests it could be undervalued. RSI is used by investors and traders as a tool to gauge possible entry and exit points when trading a security. RSI can also be used to help with the overall market direction.