The relative strength index (RSI) is a momentum indicator used
to measures the magnitude of recent price changes
to evaluate overbought or oversold conditions
RSI now in above chart shows neutral momentum
between 45-55
ADX is majorly used by traders to see the strength of a trend
it does not tell if the trend is up or down but says
how strong is the current trend
hence, high readings indicate a strong trend and low readings indicate a weak trend.
ADX now in above chart shows its all lines are entangled
indicating less strenght and looking for next direction
using this two filters
it seems better to
wait and watch as of now
note :- its said :- in trading/investing its not about how much you make but rather how much you dont loose
disclaimer - trade @ own risk
to measures the magnitude of recent price changes
to evaluate overbought or oversold conditions
RSI now in above chart shows neutral momentum
between 45-55
ADX is majorly used by traders to see the strength of a trend
it does not tell if the trend is up or down but says
how strong is the current trend
hence, high readings indicate a strong trend and low readings indicate a weak trend.
ADX now in above chart shows its all lines are entangled
indicating less strenght and looking for next direction
using this two filters
it seems better to
wait and watch as of now
note :- its said :- in trading/investing its not about how much you make but rather how much you dont loose
disclaimer - trade @ own risk
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這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
