2. This article will explain how to
trade with the RSI or Relative
Strength Index indicator. The RSI
indicator is a very accurate trading
indicator that was developed by J.
Welles Wilder, the famous
indicator developer. It is one of the
most reliable indicators and it is
exceptionally good for generating
leading signals - reversal signals
before the market actually begins
to move.
How To Trade Binary Options W
3. The RSI is calculated by
calculating the average gain and
average loss of price, and by
applying a formula on this ratio. It
is usually traded in a
overboughtoversold method:
trader enters long when RSI
crosses the oversold level from
below, and enters short when
Relative Strength Index crosses
the overbought level from above.
This is a good trading system that
uses the RSI and can generate good
reversal signals.
How To Trade Binary Options With
4. When trading the RSI we
recommend placing the stop loss 5
pips above the highest high of last 4
bars (for short trades), and 5 pips
below the lowest low of last 4 bars
(for long trades). This makes sure
your stop loss is tight and that you
don't risk more than you need to
risk, in your trades.
How To Trade Binary Options With Rsi
5. How To Trade Binary Options With
Rsi
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