RSI Indicator Trading System Summary
Summary of RSI indicator:
The RSI technical indicator is one of the most widely & often used indicators available. RSI Index technical indicator is a momentum oscillator with some trend following tendencies.
RSI indicator is one of the most liked indicators used in technical analysis & it used to generate signals using crossover strategy.
RSI indicator plots the divergence & convergence of trade charts patterns. The RSI is constructed using the chart price movements. The RSI technical indicator is used to figure out 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 center-line mark
RSI Strategies
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