Trade Forex Trading

RSI Strategy

RSI indicator is a popular indicator which can be found on the - Indicators List on this learn website. RSI indicator is used by traders to figure out the strength of a trend and also to determine if the prices are closing higher than where they opened or closing lower than where they opened. Traders can use the RSI buy and sell signals described in the example below to figure out when to open a buy trade or sell trade when using this RSI indicator. RSI Indicator - Gold RSI Indicator - XAUUSD RSI Technical Analysis

RSI Strategy

Most popular technical indicators to combine with RSI technical indicator are:

  1. ADX Indicator
  2. MAs Indicator
  3. MACD
  4. Bollinger ##BandsBand
  5. Stochastic
  6. Ichimoku Kinko Hyo Indicator
  7. Parabolic SAR Indicator

Which is the best RSI indicator combination for gold trading? - XAUUSD RSI Buy and Sell Strategy Method

Get additional indicators in addition to RSI indicator that will determine the trend of the market as well as other indicator that confirm the trend. By combining indicators that determine trend and others that confirm the trend & combining these indicators with RSI indicator - a trader will come up with a RSI based strategy which they can test using a gold Practice Demo Account on the MetaTrader 4 platform.

This RSI based strategy also will help gold traders to determine when there is a trade reversal based on the indicators signals generated by this RSI system & hence traders can know when to enter the market and when to exit market if they have open trades.

RSI Strategy

RSI Indicator Based XAUUSD Method is an indicator based system to interpret the price and provide trade signals.

How to Create RSI Strategies