RSI Indicator Trading Strategy Summary
Summary of RSI:
The RSI indicator is one of the most widely and oftenly used indicators available. RSI indicator is a momentum oscillator trading indicator with some trend following characteristics.
RSI indicator is one of the most popular technical indicators used in analysis and it used to generate trade signals using cross-over trading method.
RSI indicator plots the divergence & 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 centerline mark
RSI Indicator Trading Strategies
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