How To Use The RSI

How To Use The RSI.pdf

Synopsis E-book: How To Use The RSI

Over the years, friends who are traders have often asked me how I can quickly determine a trend when looking at a chart. My answer is that I have examinated terms of thousands of charts. However, one fundamental indicator I faithfully use is the Relative Strength Index (RSI).
The RSI was developed by J. Welles Wolder, Jr. and presented in his 1978 book “New Concepts in Technical Trading Systems”. Welles developed the RSI for trading pork bellies.

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  • Author: John Hayden | Language: English | Dir.: Part1 | Request Remove!
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Forex Script
FX Script is a collective of skilled forex traders with extensive knowledge of MetaTrader indicators. Known for their expertise, they regularly contribute to Prof FX, offering practical trading tips and advanced strategies to guide traders towards success in the forex market.

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