RSI level and Trading Action
Logo

Login

Log in with
X
 
  • filter
  • Time
  • Show
Clear All
new posts
20
  • #1 Collapse

    RSI level and Trading Action
    Hi Respected Forum Members
    Today I want to share some information about RSI.
    1. If RSI above 50 its mean Bullish.
    2. RSI 70-100 its mean Extremely Bullish and Overbought.
    3. Previously above 70 now below Short signal.
    4. Below 50 Bearish.
    5. 0-30 Extremely bearish and oversold.
    6. Previously below 30 now above Long Signal.
    This little information about RSI will give you a lot of benefits.
  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
  • #2 Collapse

    Yes dear you have good knowledge about RSI indicator by default it has two values 30 and 70 but you can also change these values for your reliability about analysis of market .if the prices goes down from 30 mean it has been oversold and the market should reverse and if it goes above than 70 it means it the prices should reverse Because it's over bought.
    HOORAB878 TRADING JOURNAL

    Comment

    Advanced mode
    • #3 Collapse

      Dera rsi relative setreght index is the best indicater rsi have 2 line basic 70 and 30 line when market reach 30 line its mean market oversold and when market reach 70 level its mean market now overbought ND now you can sell on 70 level dear must use rsi indicater on your chart

      Comment

      Advanced mode
      • #4 Collapse

        Hello hope you are will be fine....
        I would appreciate your effort that you have good enough knowledge about RSI...
        The level of R Si values is 50 which indicates that if it is below 50 then the market is behaving bearish and if the RSI level is above 50 market is behaving like bullish behaviour

        Comment

        Advanced mode
        • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
        • #5 Collapse

          Originally posted by Hina shah View Post
          Hi Respected Forum Members
          Today I want to share some information about RSI.
          1. If RSI above 50 its mean Bullish.
          2. RSI 70-100 its mean Extremely Bullish and Overbought.
          3. Previously above 70 now below Short signal.
          4. Below 50 Bearish.
          5. 0-30 Extremely bearish and oversold.
          6. Previously below 30 now above Long Signal.
          This little information about RSI will give you a lot of benefits.
          And it is a good test of what the current market situation is with a directional bias for savvy traders. It is, I believe one of if not the best indicator on the MT4/5 platform. Those overbought and oversold areas could be used to target great trading points.
          TRADE THE WAY IT SUITS YOU!
          https://forum.mt5.com/showthread.php...rading-Journal

          :mt5rocks:

          Comment

          Advanced mode

          Online

          Loading...
          X