Forex Focus: The RSI Miracle by Hadi Seyedinajad
ARTICLE SYNOPSIS ...Stocks & Commodities V. 27:01 (12-13): Forex Focus: The RSI Miracle by Hadi Seyedinajad
If we had to choose just one indicator
to tradethe financial markets, it would
be J. Welles Wilder's RSI. It does everything
you expect from an indicator.
It's an overbought/oversold alert system,
a convergence/divergence detector,
and a momentum indicator, but it
can do even more.
The old saying amid radical technicians, that "the price chart has everything you need," is not just a slogan. The information that we can extract from price vs. time data is amazing and I am not sure what this reflects, human ...