RSI -Traders Secret Weapon

 Why RSI?
Of all the different secondary indicators that traders have to choose from, RSI, in my opinion, is one of the best.
RSI stands for Relative Strength Index; however the name does not adequately describe what the indicator does. It does not really measure the “relative strength” of anything; rather the indicator gives you an idea as to the internal pressures affecting a market.
In other words, RSI can help you get a “feel” for what other traders are thinking.
RSI is also useful because it mimics what other indicators are telling you as well…and more.

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