The Random Walk Index is a useful tool for traders like you to spot changes in market trends . . . by looking at the current price and the historical average true range, it helps you make informed decisions about when to buy or sell a security
1 minute
Introduction
The Random Walk Index (RWI) is a tool used by traders to determine if a security is following a significant trend. It compares the price movements of the security with random movements to make this determination. By analyzing the strength of the underlying price trend, traders can use the RWI to identify trade signals.
