Best Indicator for Option Trading: RSI, BB, IMI, MFI, PCR, OI
The best indicators for options trading are: Relative Strength Index (RSI), Bollinger Bands, Intraday Momentum Index (IMI), Money Flow Index (MFI), Put-Call Ratio (PCR), and Open Interest (OI). Options trading involves using financial derivatives to speculate on price movements. To make informed decisions, traders utilize various technical indicators. These indicators measure market sentiment, volatility, and trend strength, helping traders identify overbought and oversold conditions, potential reversals, and strong trends. Using the best indicator for option… Read More »Best Indicator for Option Trading: RSI, BB, IMI, MFI, PCR, OI