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How the RSI Calculation determines if price is OverSold or OverBought

RSI is one of the most-used technical indicators. This momentum oscillator helps determine if price action is oversold or overbought by considering the momentum (size and direction) of the price bars used in the calculation. Combining these values gives an overall view of the momentum and conveniently scales this to a bounded range of 0-100, making it ideal for algorithmic traders to use in rules-based trading strategies. Find out more about the services that Darwinex provides to traders and investors: https://www.darwinex.com/?utm_source=... This is Episode 21 in the Darwinex 'Spotlight on Trading Indicators' Playlist:    • Spotlight on Trading Indicators   #RSI, #RSICalculation, #Overbought, #Oversold, #RelativeStrengthIndex, #TechnicalIndicators, #O/B, #O/S, #TradingSignals, #TradingStrategies, #MomentumOscillator, #DarwinexSeries, #Darwinex Video Contents: 00:00 The RSI Indicator 00:17 Why Darwinex? 01:06 RSI Calculation 08:00 RSI Overbought and Oversold Brought to you by Darwinex: UK FCA Regulated Broker, Asset Manager & Trader Exchange where Traders can legally attract Investor Capital and charge Performance Fees. https://www.darwinex.com/?utm_source=... Content Disclaimer: Past performance is not a reliable indicator of future results. The contents of this video (and all other videos by the Darwinex presenters) are for educational purposes only and are not to be construed as financial and/or investment advice. Risk Disclosure: https://www.darwinex.com/legal/risk-d...