RSI Stochastic Indicator and Price Action Trading Template

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.

Trading NOTES

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• Use a demo account or a small live account first to practice this trading system

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• Time Frame: H1 or higher
• Currency Pairs: Any

• RSI
• Stochastic

• 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)

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