The Relative Strength Index (RSI) oscillator is a popular momentum indicator developed by J. Welles Wilder. It measures the magnitude of recent price changes to determine overbought or oversold conditions. The RSI oscillator is typically used to identify potential reversals in the market.
The Relative Strength Index (RSI) oscillator is a popular momentum indicator developed by J. Welles Wilder. It measures the magnitude of recent price changes to determine overbought or oversold conditions. The RSI oscillator is typically used to identify potential reversals in the market.