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