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Traders Ignore This Obscure Indicator — Until It Saves Them

  • The article discusses the importance of the Relative Directional Index (RDI) in evaluating market conviction during live trades.
  • RDI focuses on quantifying the directness of price action and filtering for conviction rather than just movement.
  • The article details strategies for using RDI, such as the False Reversal Filter and Breakout Streak Logic, to make informed trading decisions.
  • RDI divergence helps in identifying potential reversals and questioning the legitimacy of momentum, providing a valuable tool for traders.

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