use of rsi in forex

Use of RSI in forex

How does RSI function? Relative strength indicator ( RSI ) ka istemaal sarmaya kaari ki qeemat par uksanay ke liye kya jata hai. RSI ka bunyadi kaam is sharah ka ihata karna hai jis par dealer security ki qeemat ko oopar ya neechay kar rahay hain. RSI is nateejay ko 0 se 100 ke pemanay par paish karta hai. 30 se down parhnay se aam tor par over sealed stock ki nishandahi hoti hai, jab ke 70 se oopar ki reading ziyada khareeday hue stock ki nishandahi karti hai. security ki haliya ishtial angazi ka qeemat se mawazna karne ke liye, dealer is RSI naqshay ko qeemat ke naqshay ke neechay lagatay rehtay hain . How can you trade profitably with the RSI? RSI ke sath tijarat karte waqt sab se ziyada maqbool halaat 70 aur 30 pips. 70 se oopar parhnay walay RSI ko over baat samjha jata hai. jab yeh 30 se down ajata hai to usay over sealed samjha jata hai. RSI points ko istemaal karna tijarat par ghhor karne ka mustaqil asal marhala hai. 70 aur 30 kay ird gird halaat, kaseer dealers ne ahteyati tadabeer muqarrar kee . KEY Assignments rishta daar taaqat ka isharay, ya RSI, 1978 mein banaya gaya tha aur aik mo-asar uksanay wala oscilators hai. aspishlayzd dealers RSI jaisay points ka istemaal karte hain taakay yeh taayun kya ja sakay ke aaya kisi asasay ki qeemat taizi ya mandi ki simt mein ja rahi hai. jab kisi asasay ka RSI 30 se kam aur 70 se ziyada ho to usay musalsal over sealed samjha jata hai. ziyada kharidi hui line ke neechay ya over sealed line ke oopar RSI line ko uboor karna dealers ke liye musalsal chori ya farokht ke signal ka kaam karta hai. RSI trading ranges mein trading darkhwaston ke muqablay behtar karkardagi ka muzahira karta hai.

Relative Strength Index forex trading mein istemaal hone wala aik technical indicator hai jo currency pair ki overbought aur oversold conditions ko determine karne ke liye istemal hota hai. Ye aik momentum oscillator hai jo keemaat ki raftaar aur tabdili ko naapta hai. RSI ko 14 mah ki moving average se calculate kiya jata hai, lekin traders is douran apne trading style ke mutabiq is period ko adjust kar sakte hain. RSI 0 se lekar 100 tak oscillate karta hai, jahan 70 ke upar ke readings overbought conditions ko darust karte hain, aur 30 ke neeche ke readings oversold conditions ko darust karte hain. Jab RSI overbought hota hai, toh ye ishara karta hai ke currency pair ne bohot tezi se bhara hai aur correction ya reversal ka time ho sakta hai. Ulta, jab RSI oversold hota hai, toh ye ishara karta hai ke currency pair ne bohot tezi se gir gaya hai aur bounce ya reversal ka time ho sakta hai.



RSI forex traders ke darmiyan ek mashhoor indicator hai kyun ke ye unhe mumkinah reversals aur trend changes ko pehchanne mein madad karta hai. Lekin, jaise ke koi bhi technical indicator, RSI ko doosre analysis tools aur strategies ke saath istemal kiya jana chahiye.

Calculating the RSI
RSI calculate karne ke liye in steps ko follow karna hoga:

1. Average period mainaam taur par 14 ke liye average gains aur average losses calculate karen. Iske liye har period ke gains aur losses ka absolute value nikalna hoga aur phir inko jama karna hoga. Is sum ko periods ke tadad se taqseem kar ke average gains aur losses hasil karen.
2. Average losses ko average gains se minus karen takay har maahad ke liye net gain/losses milen. Phir is net gain/losses ko average gain se taqseem karen takay har maahad ke liye RSI value milay.
3. In RSI values ki 14 maahadon ki moving average calculate karen takay us maahad ke liye final RSI value hasil ho.

Interpreting RSI Readings

RSI ka reading 70 ke upar overbought conditions ko darust karti hai, jabke 30 ke neeche ka reading oversold conditions ko darust karti hai. Lekin, ye levels hard aur fast rules nahi hain, kyun ke alag traders apne trading style aur strategy ke mutabiq overbought ya oversold conditions ka matabbat kar sakte hain. Jab currency pair overbought hota hai, toh ye ishara karta hai ke isne bohot tezi se bhara hai aur correction ya reversal ka time ho sakta hai. Ye zaroori nahi hai ke aap foran bech den; balki aapko short position mein dakhil hone se pehle bearish candlestick patterns ya price action aur RSI readings ke darmiyan farq ki tasdeeq karni chahiye.

Isi tarah, jab currency pair oversold hota hai, toh ye ishara karta hai ke isne bohot tezi se gir gaya hai aur bounce ya reversal ka time ho sakta hai. Ye zaroori nahi hai ke aap foran khareed len; balki aapko long position mein dakhil hone se pehle bullish candlestick patterns ya price action aur RSI readings ke darmiyan farq ki tasdeeq karni chahiye.

Using RSI with Other Indicators
Jabke RSI khud bhi overbought aur oversold conditions ka indicator hai, ye doosre indicators aur strategies ke saath istemal mein zyada kargar hai. Yahan kuch tareeqay hain jinse aap RSI ko doosre indicators ke saath istemal kar sakte hain:

• Moving Averages: Aap RSI ke saath moving averages ka istemal trend changes ko tasdeeq karne ke liye kar sakte hain. Misal ke taur par, agar keemaat moving average se ooper se guzarti hai jabke RSI overbought hai, toh ye ek mumkin trend change ya breakout ko darust kar sakta hai. Ulta, agar keemaat moving average se neeche se guzarti hai jabke RSI oversold hai, toh ye ek mumkin trend change ya breakdown ko darust kar sakta hai.
• Candlestick Patterns: Aap candlestick patterns ko RSI ke saath istemal kar ke reversals ya trend changes ko tasdeeq kar sakte hain. Misal ke taur par, agar RSI overbought hai aur aik bearish candlestick pattern jaise ke doji ya hammer hota hai, toh ye ek mumkin reversal ya trend change ko darust kar sakta hai. Ulta, agar RSI oversold hai aur aik bullish candlestick pattern jaise ke hammer ya engulfing pattern hota hai, toh ye ek mumkin reversal ya trend change ko darust kar sakta hai.
• Divergences: Aap price action aur RSI readings ke darmiyan divergences ka istemal kar ke mumkin reversals ya trend changes ko tasdeeq kar sakte hain. Misal ke taur par, agar price mein ek upar ki taraf move hota hai lekin RSI par upar ki taraf ka divergence hai yaani RSI mein kam hieghts hain, toh ye ek mumkin reversal ya trend change ko darust kar sakta hai. Ulta, agar price mein ek neeche ki taraf move hota hai lekin RSI par neeche ki taraf ka divergence hai yaani RSI mein ziada hieghts hain, toh ye ek mumkin reversal ya trend change ko darust kar sakta hai.