Relative Strength Index – RSI Indicator

The relative strength index is an oscillator widely employed in technical analysis. Many Forex trading strategies for beginners use it as a tool to confirm signals to buy or sell. It works like a stochastic oscillator, MACD, and CCI. There also used the modifications, such as Silent RSI, RSI Divergence, and others.

The article is going to be useful, engaging, and to the point!

What is the RSI in Stocks: Definition & History

The Relative Strength Index (RSI) was developed by J. Welles Wilder, the author of another standard indicator for МТ4 and МТ5, the ATR indicator.

Wilder first published…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>