Popular Indicators and Oscillators
As you know by now, my job is to travel around the world and deliver educational seminars and workshops on how to trade the financial markets.
It is a very useful technical tool as it identifies the direction of the market. Just to remind you that the market may have 3 possible directions:
Now that we understand the concept of the moving average, let’s take a look at a similar technique known as the “double crossover”.
The Relative Strength Index, also known as RSI for short, is a momentum oscillator developed by a pioneer in the field of technical analysis, Mr. Welles Wilder.