This Excel spreadsheet downloads historical Forex data and plots the Relative Strength Index (RSI) and volatility of the currency-pair.
You can also inspect and verify the calculations used to generate the results.
Technical analysts often use RSI to analyze movements in stocks and foreign exchange markets.
However, this oscillating indicator is simply a guide and can give false-positives.
Now you would ask me, "Why the hell do I need to study excel, when I have a much more complex system like MetaTrader?" Well, that is why you need to have the first step before walking a Thousand miles. Read more -> Sources.
