Easy RSI (14) 2.6.2

The Relative Strength Index (RSI), developed by Wells Wilder, serves as an important tool for measuring the speed and change of price movements of various financial instruments. The RSI operates within a range of zero to 100 and is primarily employed to identify temporary overbought or oversold market conditions. Wilder established that RSI values exceeding 70 indicate overbought conditions, while those below 30 are considered oversold. However, these parameters can be tailored to align with specific market contexts; for example, an overbought threshold of 80 might be appropriate during a robust uptrend, and a value of 20 may signify oversold conditions in strong downtrends.

The standard period utilized for the RSI is 14. Users seeking customization of this period may refer to the Easy Alerts+ application.

EasyRSI presents a well-organized dashboard that enables users to simultaneously view the RSI values of over 60 instruments across six timeframes (M5, M15, M30, H1, H4, D1). This feature provides a convenient way to monitor current oversold and overbought conditions across the forex market.

Key Features

• Timely display of RSI values for over 60 instruments across six timeframes.
• Customization options for oversold and overbought conditions to fit individual trading strategies.
• Push notifications when predefined oversold or overbought conditions are met.

Easy Indicators appreciates your support in aiding the development and maintenance of its applications. Users who enjoy our offerings may consider subscribing to Easy RSI Premium, which removes advertisements, provides customized push alerts based on user-defined thresholds, and enhances features available only to Deluxe subscribers.

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Disclaimer/Disclosure:

Trading forex on margin entails significant risk and may not be suitable for all investors. The high leverage involved can amplify both gains and losses. Before engaging in forex trading, individuals should carefully consider their investment objectives, experience level, and risk tolerance. Engaging in such trading carries a substantial risk of loss.

While EasyIndicators strives to provide accurate and timely information, it cannot guarantee its accuracy or timeliness and assumes no liability for any losses or damages that may arise from reliance on such information. The Application Provider reserves the right to discontinue services without prior notice.