Trend Confirmation Strategy Using the RSI

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.

I have released a new book called “Contrarian Trading Strategies in Python”. It features a lot of advanced …