The Relative Strength Index (RSI) is probably the most popular indicator. Why is it so widespread? Maybe because of how universally simple it actually is or maybe because it aims to provide clear buy and sell points. That was indeed the intention of technical analyst Welles Wilder, who came up with it in 1978. He…
Technical Indicators: Beginner Guide
Technical indicators can be a traders’ best friend. They are like searchlights showing the path and deciphering complex situations where prices move in unexpected ways. But they can also confuse and obscure the picture. That’s why we decided to go over their building blocks and show how technical indicators should be used correctly. So let’s…
