Notes d’épisode
Compared to traditional RSI (Relative Strength Index) applications, John Hayden believes that professional RSI users have unique insights in the following areas:
• Trend Assessment:
• Traditional Approach: RSI above 70 is considered bullish, and below 30 is bearish.
• Professional RSI Users: Recognize that RSI values may extend due to market sentiment and set different RSI ranges for uptrends and downtrends.
• Professionals also use additional factors to assess trends, such as simple and hidden divergence patterns, Momentum Discrepancy Reversal Points (MDRP), price action, and…
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