RSI Indicator Trading Method Summary
Summary of RSI indicator:
The RSI is a very common and popular tool that people use to study the market. It measures momentum and also shows some trend-following traits.
RSI is a very well-known and liked tool used for checking stock trades, and it helps create trade signals using a strategy where lines cross over.
The RSI plots the divergence and convergence patterns found in charts, utilizing the actual price fluctuations of the chart to construct its lines. The RSI is employed to ascertain whether:
The prices end lower than they started - RSI is below the middle line of 50 or
Prices are closing above their opening levels - RSI is over the 50 center line
RSI Indicator Strategies
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