Trend Confirmation Strategy Using the RSI in Python.
How to Confirm a New Trend Using a Strategy on the RSI.
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.
The Relative Strength Index
The RSI is without a doubt the most famous momentum indicator out there, and thi…
