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hi Chartist,
I agree, however if the desired analysis is for crossovers of
70 and 30 levels it may give a much clearer indication for that use.
If an ema would be put upon it ,it may behave like Stochs.,
I wonder, do you use rsi in FX or indices/stocks.
I've recently been looking at FX for the rsi and mdrp's and
for signals for ongoing trend it appears to be very effective I would assume as it is generally a longer trending environment than indices and individual stocks.
Just been following a small mdrp in the dow today , but it failed ....
Have you read any of Andrew Cardwells courses or John Haydens'
books ?
Triplepack
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