Introduction to MQL5

Hidden RSI Divergence in Forex Trading: Analyzing the Pros & Cons

Estimated read time 1 min read

Hidden RSI Divergence is an advanced trading technique that can be used in any market, including Forex. It is a type of divergence that gives traders a leading edge, the ability to recognize market momentum is beginning to reverse. This highly reliable setup identifies a divergence between price and an indicator such as the Relative Strength Index (RSI) and provides the earliest warning of potential reversal. Although hidden RSI divergence requires a good understanding of technical analysis, it can be used with any trading system. The skillful application of hidden RSI divergence allows traders to precisely time their entries and exits in the direction of the market trend.