RSI Indicator Trading Strategy Summary

Summary of RSI indicator:

The RSI indicator is one of the most widely and oftenly used indicators available. RSI indicator is a momentum oscillator with some trend following characteristics.

RSI is one of the most popular indicators used in analysis & it used to generate signals using crossover strategy.

RSI indicator plots the divergence and convergence of charts patterns. The RSI is constructed using chart price movements. The RSI indicator is used to determine if:

The prices are closing lower than where they opened - RSI indicator below 50 center line mark or

The prices are closing higher than where they opened - RSI indicator above 50 center line mark

RSI Indicator Trading Strategies