Engineering Alpha

Engineering Alpha

Breakout Confirmation Using the RSI in Python.

How to Confirm a New Trend Using a Strategy on the RSI.

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Jan 21, 2022
∙ Paid

The relative strength index is a known contrarian indicator but can also be used to confirm a new trend by either surpassing its neutral zone or even by exiting the oversold and overbought levels. This article discusses the latter method in detail.

I have just released a new book after the success of the previous book. It features advanced trend followin…

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