Discover and read the best of Twitter Threads about #quickheal
Most recents (2)
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🧵on Relative Strength Index (RSI), one of the widely used Indicator in technical analysis by traders.
I am sharing:
1. Intro and the birth of RSI
2. What info RSI indicates
3. Application of RSI with chart patterns
4. Support/Resistance in RSI
5. Range Shift
6. Divergence
🧵on Relative Strength Index (RSI), one of the widely used Indicator in technical analysis by traders.
I am sharing:
1. Intro and the birth of RSI
2. What info RSI indicates
3. Application of RSI with chart patterns
4. Support/Resistance in RSI
5. Range Shift
6. Divergence
2/n
The concept of RSI was first introduced in the book “New Concepts in Technical Trading Systems.” By J. Welles Wilder Jr. Most of us get so attracted to the indicator itself we forget to study the background of Scientists and how the indicator got its life.
The concept of RSI was first introduced in the book “New Concepts in Technical Trading Systems.” By J. Welles Wilder Jr. Most of us get so attracted to the indicator itself we forget to study the background of Scientists and how the indicator got its life.
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Understanding the psychology of the researcher is way more important than the indicator itself. Because indicator is the reflection of researcher’s personality and what they are looking into the markets (and charts).
Understanding the psychology of the researcher is way more important than the indicator itself. Because indicator is the reflection of researcher’s personality and what they are looking into the markets (and charts).
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