Video: What is RSI in Forex
The Relative Strength Index (RSI) values are calculated by taking the average of the closes of the bull bars and dividing them by the average of the closes of the bear bars. The RSI is an indicator that is best classified as a momentum oscillator. The RSI is an indicator widely used by professional traders because of it's efficiency.
Part of our multimedia library, learn in this video what is the RSI in Forex and how to use this popular momentum oscillator on your trading strategy.