The Moving Average Convergence Divergence (MACD) serves as a popular momentum indicator utilized by traders to assess potential buy or sell signals. It involves three lines: the MACD line, the signal line, and the histogram. The MACD line displays the difference between two moving averages of price action, while the signal line is a moving average
Exploring the RSI: A Guide to Relative Strength and Momentum Trading
The Relative Strength Index (RSI) is a popular momentum indicator used by traders to gauge the strength of price movements. This versatile tool helps in spotting potential overbought or oversold conditions, providing valuable insights for making informed trading decisions. Fluctuating from 0 to 100, the RSI oscillates based on recent price changes,