Video: Learn About The RSI Indicator
Learning how the RSI Indicator can assist you with determining what a overbought and oversold condition of any asset is.
Hi, My name is Ryan Walker and I’d like to tell you about some of the great investment tools you can use to make money when you join Alvexo.
Let’s start with the RSI indicator, or Relative Strength Index.
The RSI is a simple but smart indicator that helps us determine the best points for entering and exiting trades.
It tells us if an asset is overbought or oversold.
Let’s see how easy it is to use.
In Alvexo’s web trader, select one of over 100 assets available and open the technical analysis toolbar at the top of the screen.
Selecting the RSI tool opens a box with your options for settings. I use the default setting; if you want, you can change it
We now can see the RSI indicator below the asset’s candlestick chart. When the RSI moves above the top line at 80, that indicates a possible point to sell. When it moves below the bottom line at 20, that indicates a potential buying opportunity.
From there it’s as simple as looking for financial instruments that are overbought or oversold for potential opportunities.
Join Alvexo today and get access to the RSI and a complete package of investment tools, and dedicated support from a personal account manager that will put you on the road to lucrative trading.