19 February

Divergence in RSI

Divergence in RSI: Dictionary definition of divergence states that when two things act oppositely it is called divergence. In case of RSI a divergence is seen when prices and their …

19 February

Zone Shifts in RSI

Zone Shifts in RSI: In a traditional market the extreme levels of RSI are 70 (overbought level) and 30 (oversold level). Thanks to Andrew Cardwell and his research which gave …

19 February

Bollinger Bands

Bollinger Bands were introduced by John Bollinger, a technical analyst. It is a combination of fundamental and technical analysis called as relative analysis. Bollinger Bands consists of a 20-day simple …

14 February

Introduction to RSI

1.1 Introduction to Relative Strength Index: Relative Strength Index most commonly known as RSI was first introduced by J. Welles Wilder in his book “New Concepts in Technical Trading Systems”. …