RSI Indicator Trading Method Summary
Summary of RSI indicator:
The RSI is one of the most widely and oftenly used technical indicators available. RSI is a momentum oscillator indicator with some trend following characteristics.
RSI is one of the most popular/liked indicators used in stock trading analysis & it used to generate trade signals using cross over strategy.
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 are closing lower than where they opened - RSI below 50 centerline mark or
The prices are closing higher than where they opened - RSI above 50 center line mark
RSI Indicator Strategies
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