High accuracy RSI Stochastic Trading Indicator and Template – The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. This is a momentum oscillator system that measures the speed and change of price movements.
- Time Frame: H1 or higher
- Currency Pairs: Any
- RSI: above the level 55
- Stochastic: Upward from the oversold area (below the level 20 line)
- RSI: below the level 45
- Stochastic: Downward from the overbought area (above the level 80 line)