If you’ve been reading Allstarcharts you’ve seen me referencing RSI on a lot of my charts. I want to talk a little bit about the Relative Strength Index and how I use it. You’ll notice that I am not an “oscillator junkie”. You won’t see 27 momentum indicators on my charts. In fact, you will […]
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The Relative Strength Index (RSI) describes a momentum indicator that measures the magnitude of recent price changes in order to evaluate overbought or oversold conditions in the price of a stock or other asset.
The RSI on MA Indicator is a custom technical indicator which combines two widely used indicators, the Relative Strength Index (RSI) and the Moving Average (MA). #forex #fx #trading #strategies #mt4 #mt5 #indicators