RSI Indicator 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/liked technical indicators used in analysis and it used to generate trade signals using crossover trading method.
RSI indicator plots the divergence & convergence of charts patterns. The RSI is constructed using the chart price movements. The RSI indicator is used to identify 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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