The Relative Energy Index is arguably the preferred technical indicator in the case of buying and selling. However being well-liked doesn’t at all times make you proper or simple. David Jones is aware of this and is right here to present a serving to hand to these simply beginning their journey on the earth 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 indicate 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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