The speaker provides an explanation on how to trade the RSI, or relative strength index. This technical oscillator fluctuates above and below the 0 line and indicates strength or weakness. This indicator is best described as indicating the momentum of a particular stock. The formula compares the size of recent gains a
The video discusses how to use the RSI, or relative strength index, to improve trading results. The RSI was developed in 1978 to measure if a stock is overbought or oversold. It measures the magnitude of a pairs recent gains compared to its recent losses. This analysis is converted into a number which oscillates betwe
The video provides an overview of what the RSI is and how to trade it. The RSI, or relative strength indicator, is a lagging momentum indicator and compares the magnitude of the recent gains versus the recent losses. It attempts to indicate whether a security is overbought or oversold. Typically, when the RSI is below
The Relative Strength Index (RSI) is one of the most popular indicators in the market.