RSI (relative strength index) Top 3 Ways To Use The RSI Indicator (Not What You Think)

Prices goes only up, when money is flowing in

• measures speed and change of price from 0-100 over a specific time
• RSI measures momentum
• using for scalp, swing trading and others
• measures overbought and oversold conditions
• an 80/20 view is better than a 70/30. Less signals but more meaningful
• To use it right
  • using different time frames. Is the RSI extended on multiple time frames? As swing trader 1S, 8h, 4h, 1h
  • overbought -> potential of a short
  • oversold -> potential of a long
• important: overbought or oversold is not the signal but a break of the candle is!

• the RSI gives you signals when you should look into, it's not necessary means you should go long or short