Monday, July 7, 2008

RSI with Momentum Strategies

It measures the amount of change in commodity’s price during a period of time.Using both RSI & Momentum for average 14 days will enable a solid strategy in determining signals.Signal to buy:RSI rises above 50 but stays below 70, and momentum rises above zero.Signal to sell:RSI falls below 50 but stays above 30, and momentum falls below zero

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