The relative strength index (RSI) is a momentum indicator used
to measures the magnitude of recent price changes
to evaluate overbought or oversold conditions
RSI now in above chart shows neutral momentum
between 45-55
ADX is majorly used by traders to see the strength of a trend
it does not tell if the trend is up or down but says
how strong is the current trend
hence, high readings indicate a strong trend and low readings indicate a weak trend.
ADX now in above chart shows its all lines are entangled
indicating less strenght and looking for next direction
using this two filters
it seems better to
wait and watch as of now
note :- its said :- in trading/investing its not about how much you make but rather how much you dont loose
disclaimer - trade @ own risk
to measures the magnitude of recent price changes
to evaluate overbought or oversold conditions
RSI now in above chart shows neutral momentum
between 45-55
ADX is majorly used by traders to see the strength of a trend
it does not tell if the trend is up or down but says
how strong is the current trend
hence, high readings indicate a strong trend and low readings indicate a weak trend.
ADX now in above chart shows its all lines are entangled
indicating less strenght and looking for next direction
using this two filters
it seems better to
wait and watch as of now
note :- its said :- in trading/investing its not about how much you make but rather how much you dont loose
disclaimer - trade @ own risk
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.