Trading A-Z #4: The Relative Strength Index.

Article #4 on the Relative Strength Index and How to Use it Optimally.

The Relative Strength Index is one of the most common indicators in Technical Analysis. It allows us to have a quick glance as to whether the market is overbought or oversold. As controversial as this indicator is, its utility is well known and many strategies can be formed around. A good number of such strategies are stable and profitable ones. In this…