RSI ( Relative Strength Index ) is an indicator for calculating the power ( strength )? a currency pair. The RSI indicator was discovered and developed by J. Wilder Wales 1978. RSI is widely used by traders to recognize the inversion signal? and price signals? the trend is upward or downward price movements.
RSI has a value of 0-100. The market is considered overbought (Saturated Zone Buy) if it is greater than the value of 70 and is considered oversold (Saturated Zone Sell) if it is less than a value of 30. When he reached the score of 70 means provided? Prices tend to experience a downward trend ( bear ) and when the movement has reached a point 30, then the prices will trend upwards ( Bull ).
Rated 50 on the RSI known? Centerline Cross Over (Momentum). Reading the price dynamics is quite easy, if the RSI line moves from below penetrates the estimated value of 50 was an upward trend in prices. The amount of pulse proportional to the value of the RSI happened. And vice versa, if the RSI line moves up and enter the estimated value of 50 was a downward trend in prices.
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