The Relative Energy Index is arguably the most well-liked technical indicator on the subject of buying and selling. However being fashionable doesn’t at all times make you proper or simple. David Jones is aware of this and is right here to offer a serving to hand to these simply beginning their journey on this planet of the markets, in addition to those that’ve had a bit extra expertise.
He goes over the way in which it’s calculated, its parameters and default settings and goes on to point out it in actual examples. There you possibly can see it at peak efficiency however extra importantly – when a bit extra consideration or warning is important to make use of it correctly.
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