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Should I use RSI, CCI or Stochastics? πŸ’‘ Video

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Should I use RSI, CCI or Stochastics? http://www.financial-spread-betting.com/course/oscillators-in-trending-markets.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE RSI - relative strength index. If you are asking this, you are asking the wrong question. These are all very similar indicators; all from the oscillators family oscillating from oversold to overbought.

The RSI tracks the speed of price changes to watch for overbought and oversold conditions, while the CCI focuses on normal deviations from an asset's moving average price to spot divergences from normal trend cycles. RSI is as such a pure oscillator, and sometimes is prone to give false signals when the market is trending, but compared to other oscillators it does tend to give lesser false signals.

Understanding RSI & Other Momentum Indicators. Which is better - CCI or RSI? CCI stands for Commodity Channel Index . The real question should be: Should you use an oscillator with your trading strategy? The answer is to pick one oscillator and stick to it! An oscillator might help you with a divergence signal, or perhaps to come with the first oversold signal or to help you frame your target... I also use RSI, but you can use stochastic, for overbought/oversold.

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