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Does the Relative Strength Index (RSI) Indicator Really Work? Let's Backtest It

9/5/2022

 
Does the Relative Strength Index (RSI) Indicator Really Work? Let's Backtest It
The Relative Strength Index (RSI) indicator is one of the most popular and basic indicators out there. Most traders know about the RSI. However, does it really work? Spoiler: it can be profitable, but it’s probably not the best indicator out there.

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