Hi dears traders... i hope you a great profits this weeks
A consultant can make decisions based on the daily RSI Daily RSI, which contains many of the laws of money management to calculate the optimal trading volume before opening deals.
The Relative Strength Index will measure changes in prices over the previous periods X (X being the set of data you can enter in the indicator.)
If you set the RSI on 5 times, it will measure the price movement of these candles against the previous four (for a total of last 5 periods). If you use the RSI of 55 periods, you will measure the strength or weakness of these candles against the last 54 periods. The more you use periods, more 'slowly' indicator will appear respond to recent price changes.
The chart below shows two indicators RSI: The RSI is above the set to 5 periods, and the lower of 55 times. Note that the RSI on 5 periods is much more irregular than 55 times. This is because the indicator changes much faster due to the smaller number of elements used to calculate its value.
As an oscillator, RSI will read a value between one and 100, and we will show the strength or weakness of a price on the number of periods observed. If the RSI reading a figure below 30, traders often interpret this to mean that the price was low, and the asset could be considered 'oversold.'
A consultant can make decisions based on the daily RSI Daily RSI, which contains many of the laws of money management to calculate the optimal trading volume before opening deals.
The Relative Strength Index will measure changes in prices over the previous periods X (X being the set of data you can enter in the indicator.)
If you set the RSI on 5 times, it will measure the price movement of these candles against the previous four (for a total of last 5 periods). If you use the RSI of 55 periods, you will measure the strength or weakness of these candles against the last 54 periods. The more you use periods, more 'slowly' indicator will appear respond to recent price changes.
The chart below shows two indicators RSI: The RSI is above the set to 5 periods, and the lower of 55 times. Note that the RSI on 5 periods is much more irregular than 55 times. This is because the indicator changes much faster due to the smaller number of elements used to calculate its value.
What can we say RSI?
As an oscillator, RSI will read a value between one and 100, and we will show the strength or weakness of a price on the number of periods observed. If the RSI reading a figure below 30, traders often interpret this to mean that the price was low, and the asset could be considered 'oversold.'
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