RSI Indicator Forex Trading Strategy Summary

Summary of RSI forex indicator:

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

RSI is one of the most popular forex indicators used in forex trading technical analysis and it used to generate Forex trading signals using crossover trading strategy.

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

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

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

RSI Forex Indicator Trading Strategies