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RSI Indicator Forex Trading Strategy Summary

Summary:

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

 

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

 

RSI indicator plots the divergence and convergence of moving averages. The RSI is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend-following indicator. It indicates the correlation between two moving averages.

 

The table below shows a summary of Relative Strength Index indicator trading strategy, the signals generated, their description and interpretation.

 

Takes 5 Minutes to Open an Account, Open an Account Early: Open Forex Account

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Takes 5 Minutes to Open an Account, Open an Account Early: Open Forex Account

 

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Tight Spreads

EURUSD: as low as 0.1 pips
GBPUSD: as low as 0.1 pips
USDJPY: as low as 0.1 pips
Commission fee is charged
Commission reduced from $5 to $3.5 per side

Regulated Broker

Takes 5 Minutes to Open an Account, Open an Account Early: Open Forex Account


Takes 5 Minutes to Open an Account, Open an Account Early: Open Forex Account


Takes 5 Minutes to Open an Account, Open an Account Early: Open Forex Account

Regulated Broker

Open Demo Account
Open Real Account