Introduction to MQL5

RSI vs Linear Regression: Analyzing Forex Trading

5 min read

RSI (Relative Strength Index) and linear regression analysis are two commonly used technical analysis tools used in Forex trading. RSI is a momentum indicator that compares recent gains and losses over a certain period of time to measure a security’s speed and change of price movements. Meanwhile, linear regression analysis is a statistical technique used to determine the amount and direction of the relationship between two variables. It is often used in Forex to identify trends and detect potential trades. Both RSI and linear regression analysis can be used in combination for traders to identify potential trend reversals or points of entry and exit. However, it is important to note that these techniques are not always that accurate and should be used with caution.

Forex Code

RSI Stochastic Indicator Mt4: Forex Trading Guide

5 min read

The Relative Strength Index (RSI) and the Stochastic oscillator are two of the most popular technical indicators used in Forex trading. When used correctly, these momentum-based indicators can be used to help traders identify changes in a currency pair’s momentum. By identifying a currency pair’s underlying momentum, you can time your trades more effectively and find places to enter and exit your trades with more accuracy. The RSI and Stochastic indicators are available on most MetaTrader (MT4) Forex trading platforms, making them an easy-to-implement tool for many traders.