The Relative Strenght Index (RSI) is one of the most popular indicators used for stock charts by traders today. In this video, we go over the origin of the RSI Indicator, how it is calculated, when we should be changing its parameters from the default setting, and how to spot trend reversals with divergences and entry and exit signals. There are so many ways you can add this to your collection of tools and increase stock profits.
(0:00): Intro
(2:06): What is the RSI?
(5:06): Old RSI Method
(6:06): The New RSI Method – Constance Brown
(6:53): Examples
(10:40): Divergences
(12:39): Use The RSI Centerline
(13:47): Outro
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