Comments on: How to Use The RSI Indicator In Forex Trading https://www.tradingheroes.com/how-to-use-rsi-indicator/ Discover Your Grail Trading Strategy Fri, 12 Aug 2022 05:19:44 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Hugh Kimura https://www.tradingheroes.com/how-to-use-rsi-indicator/#comment-30013 Fri, 17 Mar 2017 05:20:47 +0000 http://www.tradingheroes.com/?p=9305#comment-30013 In reply to Nikhil.

Yes, it totally needs to be tested!

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By: Nikhil https://www.tradingheroes.com/how-to-use-rsi-indicator/#comment-28969 Tue, 14 Mar 2017 09:12:56 +0000 http://www.tradingheroes.com/?p=9305#comment-28969 Hello hugh !

Rsi has always been one of the best indicators but the problem is that Oversold and over bought levels are different for different stocks . WE need to backtest it .
I have seen stocks running when their rsi was 85-90 . This is one of the biggest drawbacks of RSI .

Regards !!

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