RSI Technical Indicator Trade System Summary

Summary of RSI indicator:

The RSI indicator is one of the most widely & commonly used indicators available. RSI Stock Indices technical indicator is a momentum oscillator with some trend following characteristics.

RSI indicator is one of the most popular 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 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 center line mark

RSI Technical Indicator Strategies