The indicator was developed by J. Welles Wilder Jr. and introduced in his seminal 1978 book, New Concepts in Technical Trading Systems. In addition to identifying overbought and oversold securities, ...
Learn how to measure the magnitude of price changes in 11 minutes Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Investopedia / ...
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