Using RSI to Gauge Trends
Do you utilize rsi to gauge trends?
I found that using rsi, we could grab trends easily.
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https://forexintuitive.com/attachmen...7504937328.jpg
Rsi can be very fast, but using multiple timeframe approach definitely helps.
You can see at the right hand side of the first chart - the trends remain down to the entire time.
The way to do this isIf rsi below 50 - that the trend is down. If rsi above 50 - that the trend is upward. The interval can be 13 or even 11.
What I wanted to know is is there anybody else using rsi into deternine trend? Any sharing would be appreciated.