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RELATIVE STRENGTH INDEX INDICATOR – Analytics & Forecasts – 9 February 2023

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[ad_1] RSI INDICATOR EXPLAINED – WHAT IS THE RSI INDICATOR? The “Relative Strength Index”, or “RSI”, indicator is a popular member of the “Oscillator” family of technical indicators. J. Welles Wilder created the RSI in order to measure the relative changes that occur between higher and lower closing prices. Traders use the index to determine … Read more

ADVANTAGES AND DISADVANTAGES OF THE BOLLINGER BANDS INDICATOR. – Analytics & Forecasts – 7 February 2023

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[ad_1] Advantages Bollinger Bands are visually easy to interpret They can be used both as a volatility indicator and a momentum oscillator Bollinger Bands can be applied on any underlying asset across any time frame The indicator generates signals that not only provide precise entry levels, but also specify stop loss and take-profit zones Disadvantages … Read more