By Garth Bevan
In order to gain an understanding of the market, one must first begin by understanding trading indicators such as the Relative Strength Index (RSI). This indicator is indispensable for day traders as it gauges the momentum and overbought/oversold conditions of an asset.
By understanding RSI’s oscillatory nature and its thresholds, traders can decipher potential trend reversals, divergence patterns, and confirm the strength of prevailing trends, enabling more informed trading decisions within volatile intraday markets.
For more information surrounding the Relative Strength Index and other trading indicators to help you better understand the market and its trends, continue reading through the resource highlighted alongside this post.
Top Trading Indicators Toolkit, provided by NinjaTrader and their platform for futures trading
