The Relative Strength Index or popularly called the RSI is one of the most popular momentum oscillators used by technical traders worldwide.

Developed by J. Welles Wilder, Jr. during the 1970s, the indicator helps to quantify the changes in price and its momentum.

The very fact, that the indicator is still in use and is a part of almost all the charting software packages out there speaks volumes about itself and brings us to the conclusion that solid logic never goes out of style! There are various ways of using the indicator.

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