RSI

Trading Technique
I n B a n g l a ( বাাং লা )
• RSI Basic Ideas
• RSI 70/30
• RSI Golden Rules
• Range Shift Strategy
Relative Strength Index (RSI) Basic
• The relative strength index (RSI) is a popular momentum oscillator introduced in 1978.

• The Relative Strength Index (RSI) developed by J. Welles Wilder

• The RSI provides technical traders with signals about bullish and bearish price momentum
Relative Strength Index (RSI) Basic
• An asset is usually considered overbought when the RSI is above 70 and oversold when it is below 30.

• The RSI line crossing below the overbought line or above oversold line is often seen by traders as a signal to
buy or sell.

• The RSI works best in trading ranges rather than trending markets.

স্কেল স্কলভেল অনুসাভে সসগনযাল (General Issue)

•৭০ স্কেল স্কলভেভলর শীভষে – মাভকে ভে অতিতরক্ত বাই হভেভে।
•৩০ স্কেল স্কলভেভলর তিভে – মাভকে ভে অতিতরক্ত স্কেল হভেভে।
 RSI Scale Deviation Strategy
The Basic Golden Rules of RSI

RSI = Above 50 = Bullish

RSI = Bellow 50 = Bearish

RSI Range Shift Strategy

Andrew Cardwell
He is studying RSI over 20+ years. He has realized that-
❖ RSI is much more than just an overbought/ oversold
oscillator.
❖ The RSI has inherent characteristics that will help
you identify and analyze the four basic and key
components of successful trading and investing –
• price
• momentum
• Time
• sentiment
RSI Range Shift Strategy BY Andrew Cardwell
TREND RANG
Up-trend 40-80
Strong Up-trend (60+5)-80
Down-trend (60+5)-20
Strong Down-trend 40-20
Sideways 40-(60+5)