The Relative Strength Index (RSI) was originally developed by J. Welles Wilder. It is a momentum oscillator that measures the speed and change of price movements. The RSI fluctuates between zero and 100. Typically and according to Wilder, RSI is considered overbought at over 70 and oversold at under 30. Signals can also be generated by searching for divergences, error ...







via Engine Forex https://engineforex.com/relative-strength-index-rsi-and-trading-strategies/