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