Lesson 15

Relative Strength Index



Lesson Details

Relative Strength Index

The Relative Strength Index (RSI) is perhaps one of the most popular technical indicator and has been used by thousands of traders around the globe to achieve success in trading. This technical indicator can map areas where price has been overbought or oversold. This is a class of indicator classed as "oscillator" because the indicator shows price oscillating (going up and down) between two levels. By watching this indicator move between the upper and lower threshold, you can help predict great entry locations into the market and confirm trade ideas.

Answer 7 of 9 questions to advance to next lesson.

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Correctly answer 7 of 9 questions to pass.

The Relative Strength Index tells us when?

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When trading using Relative Strength Index, when the price touches the upper threshold, what will it most likely do?

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When trading using Relative Strength Index, when price touches the lower threshold, what will it most likely do?

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If price is moving strongly higher, the RSI indicator will be?

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The default lower threshold on the RSI indicator is set at?

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If the RSI indicator is in overbought territory, price is likely to?

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The default upper threshold on the RSI indicator is set at?

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If the RSI indicator is in oversold territory, price is likely to?

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If price is moving strongly lower, the RSI indicator will be?

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