The RSI (Relative Strength Indicator) and Binary Options
The RSI is a leading indicator of Forex technical analysis used to determine whether oversold or overbought in market, but it can also be used as a divergence indicator. The RSI can be used with other indicators to make a strong signal. I RSI trades above 70 market considered over-bought and if below 30 market considered to be oversold.
RSI Custom Indicator Free Download
ind_RSIColored_v1.mq4
ind_DivPeakTroughRSI_SW_v1.mq4
WAJDYSS_RSI_indicator_v1.mq4
The second way to use the RSI is to look for a divergence. A divergence occurs when the price bar increases to reach a new high and the RSI does not create a new high. These two strategies can create solid results. Your trading become more powerful if you make The combination of an indication above 70 or below 30 combined with a price divergence with the RSI.
The RSI indicator works very well with other indicators and a trader should test other indicators first to find best combination with RSI indicator.
related posts
Trading Dynamic RSI
A trader's twist on the standard RSI. The Dynamic RSI is an oscillator which indicates if the underlying value is oversold or overbought.
RSI Trading System
Continuing in my exploration of mechanical trading systems is the RSI Trading System. The concept is very simple. Enter a long when the RSI crosses a given threshold ...
Relative Strength Index RSI
RSI - Relative Strength Index indicator in Forex: RSI trading, RSI indicator signals, RSI divergence, RSI overbought/oversold areas and more tips and RSI trading
The RSI is a leading indicator of Forex technical analysis used to determine whether oversold or overbought in market, but it can also be used as a divergence indicator. The RSI can be used with other indicators to make a strong signal. I RSI trades above 70 market considered over-bought and if below 30 market considered to be oversold.
RSI Custom Indicator Free Download
ind_RSIColored_v1.mq4
ind_DivPeakTroughRSI_SW_v1.mq4
WAJDYSS_RSI_indicator_v1.mq4
The second way to use the RSI is to look for a divergence. A divergence occurs when the price bar increases to reach a new high and the RSI does not create a new high. These two strategies can create solid results. Your trading become more powerful if you make The combination of an indication above 70 or below 30 combined with a price divergence with the RSI.
The RSI indicator works very well with other indicators and a trader should test other indicators first to find best combination with RSI indicator.
related posts
Trading Dynamic RSI
A trader's twist on the standard RSI. The Dynamic RSI is an oscillator which indicates if the underlying value is oversold or overbought.
RSI Trading System
Continuing in my exploration of mechanical trading systems is the RSI Trading System. The concept is very simple. Enter a long when the RSI crosses a given threshold ...
Relative Strength Index RSI
RSI - Relative Strength Index indicator in Forex: RSI trading, RSI indicator signals, RSI divergence, RSI overbought/oversold areas and more tips and RSI trading
Forex is simple follow the trend and you will rich.
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