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