RSI indicator:

Assalam alaikum dear forum members!
subha bakhair! Umeed karta hun aap sb khair khairiat se hn gy or apka trading week bahut acha jaa raha ho ga.
dear members trading karty hovy aksr hum indicators use karty hain jo k trading main helpful hoty hain or in main se aik relative strength index ha jsko aj hum tafseel se study karen gy.

What is relative strength index?
Dear members relative strength index aik momentum indicator ha jo k hamen market k trend or eski strength k bary main btata ha.
esko shortly RSI kaha jata ha. Or es main 3 levels hoty hain jo k market main trend ki strength ko indicate karty hain.
Aik level 80-100 ka hota ha jo k bullish trend ki peak hota ha.
Dosra level 0-20 ka hota ha jo k bearish trend ki peak hota ha.
or in dono k darmyan 50 ka level hota ha jo k neutral level smjha jata ha.

market buy trend main ho or RSI 50 se opr ho to ye strong bullish trend ki nishani hota ha.
or jb market downtrend main ho or RSI 50 se nechy ho to ye strong bearish trend ki nishani hota ha.
es k ilawa RSI hamen sell or buy k signals bhi deta ha.

Overbought RSI:
Dear members jb market uptrend main kafi opr ja chUki ho Or RSI 80 ya es se opr ki values show kar raha ho to esko overbought kaha jata ha or es k bad market main reversal expect kia jata ha k buyers ab market se exit hn gy or sellers in hn gy.
es wqt hm market main price action se confirmation k bad sell ki trade le skty hain.


Oversold RSI:
Dear members jb market downtrend main kafi nechy ja chuki ho or RSI 20 ya es se km values show kar raha ho to esko oversold RSI kaha jata ha or es k bad market main trend reversal expect kia hata ha or sellers ki strength km
hoti ha markey main buyers in hoty hain.
es time py hum price action se confirmation k bad buy ki trade le skty hain.

RSI divergence:
members divergence us situation ko khty hain jb price action or RSI ki direction different ho jy.
for example RSI higher lows or higher highs bnay jb k market lower lows or lower highs bnay esko divergence kaha jata ha or ye bhi market main trend reversel ki bishani hoti ha.
Eski 2 types hoti hain.

Bullish Divergence
Bearish Divergence

Bullish divergence k bad market buy main jati ha.
jb k bearish divergence k bad market sell main jati ha.

Re: RSI indicator:

A technical indicator used in financial market analysis is the relative strength index (RSI). Its purpose is to plot the current and historical strength or weakness of a company or market based on previous trading period closing prices. Relative strength should not be confused with the indication.

The RSI is a momentum oscillator that measures the magnitude and velocity of price fluctuations. The rate at which a price rises or falls is known as momentum. The relative strength RS is calculated as the ratio of higher closes to lower closes, which represents the averages of absolute price changes. The RSI calculates momentum as the ratio of higher closes to total closes: equities with more or stronger positive moves have more or stronger momentum.TAKEAWAYS IMPORTANT
The relative strength index (RSI), which was created in 1978, is a prominent momentum oscillator.
The RSI, which is commonly charted beneath the graph of an asset's price, offers technical traders with clues concerning bullish and bearish price momentum.
When the RSI is above 70%, an asset is deemed overbought, and when it is below 30%, it is considered oversold.
How does this metric work?
When the RSI rises above 70, it is overbought, and when it falls below 30, it is oversold. If necessary, these traditional levels can be changed to better meet the security. If a security is consistently approaching the overbought threshold of 70, for example, you might wish to raise it to 80.
The RSI may linger in overbought or oversold territory for extended durations during strong moves.


Double tops and bottoms, as well as trend lines, are common RSI chart patterns that aren't visible on the underlying price chart. On the RSI, watch for support or resistance.
The RSI tends to stay in the 40 to 90 range during an uptrend or bull market, with the 40-50 zone functioning as support.
Calculation
The RSI is a simple formula, but explaining it without pages of examples is challenging. Additional calculations can be found in Wilder's book. The basic formula is as follows:


[100 / (1 + (Average of Upward Price Change / Average of Downward Price Change)] RSI = 100


Money Flow Index and Related Indicators (MFI)


The MFI is a momentum indicator that tracks the inflow and outflow of funds into and out of an asset over a set period of time.


Change in Rate (ROC)


The ROC indicator, often known as the Momentum indicator, is a pure momentum oscillator.