RSI Strategy Summary
Summary of RSI:
The RSI is one of the most widely and oftenly used indicators available. RSI is a momentum oscillator indicator with some trend following characteristics.
RSI is one of the most popular/liked indicators used in analysis and it used to generate trade signals using crossover trading method.
RSI plots the divergence & convergence of charts patterns. The RSI is constructed using the chart price movements. The RSI is used to identify if:
The prices are closing lower than where they opened - RSI below 50 center-line mark or
The prices are closing higher than where they opened - RSI above 50 centerline mark
RSI Trading Strategies
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