JayJones
Banned Spammer
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WHy do you think that is?RSI is probably one of the most used
WHy do you think that is?RSI is probably one of the most used
I think it’s just popular and widely covered therefore a lot of new people try to use it. Personally I’m not sure how reliable it can beWHy do you think that is?
Thanks for your thoughts.I think it’s just popular and widely covered therefore a lot of new people try to use it. Personally I’m not sure how reliable it can be
Well basically there is a tradeoff between rate of occurrence (of overbought and oversold states) and quality of the signal. For example 70/30 would naturally appear more frequently but you may get higher number of false signals. 80/20 or even extreme 90/10 works pretty good but they are rare especially on higher timeframes so you kind of lose in waiting time.What settings does everybody use on their RSI indicator? 70/30 or 80/20 or something else?
I use RSIWhich is the best indicator to determine oversold and overbought levels.
Heiken Ash ? Is there a thread for it here anyone ?anyone use Heiken thing?