RSI Commodity Trading Indicator Strategy Method Summary

Summary of RSI indicator:

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

RSI is one of the most popular indicators used in commodity technical analysis and it used to generate trading signals using crossover trading strategy.

RSI indicator plots the divergence and convergence of charts patterns. The RSI is constructed using chart trading price movements. The RSI indicator is used to determine if:

The trading prices are closing lower than where they opened - RSI indicator below 50 center line mark or

The trading prices are closing higher than where they opened - RSI indicator above 50 center line mark

RSI Technical Indicator Trading Strategies