RSI Trading Strategy for Forex Bots
The Relative Strength Index (RSI) is one of the most widely implemented momentum oscillators in automated forex trading strategies. By calculating the ratio of recent upward price changes to downward price changes over a specified period (typically 14 bars), RSI translates market momentum into a bounded scale from 0 to 100. Platforms like AlgoBot utilize… Continue reading RSI Trading Strategy for Forex Bots