ilearn2t
Sergeant Major
- Messages
- 711
Hello Alonedevils & undertaker
I did think Wilder introduced the RSI, other custom or similar Relative's came along (Cutler's & Mansfield). There is a lot of "relative strength" indicators that were introduced to the market years before.
The indicators were designed for the (slow) stock market based on its movements over a set period of time or distance etc, we as forex traders have to adopted to a fast flowing market, but like undertaker states new custom indicators are being programmed every day to keep up with the forex market.
Good luck
ilearn2t
I did think Wilder introduced the RSI, other custom or similar Relative's came along (Cutler's & Mansfield). There is a lot of "relative strength" indicators that were introduced to the market years before.
Maybe the reason some traders have a dislike towards them ?
The indicators were designed for the (slow) stock market based on its movements over a set period of time or distance etc, we as forex traders have to adopted to a fast flowing market, but like undertaker states new custom indicators are being programmed every day to keep up with the forex market.
Good luck
ilearn2t