DislikedHi Mavricos,
Maybe this will help answer your querie regarding RSI
I use RSI(9)
I find that if I have a stable up move, the RSI trace tends to operate within the 60-70 RSI levels
If the trace goes above 70, it is best to trail a stop under the candle body low, as price momentum is becoming unsustainable. (or use this as a sell entry)
opposite for a down move
A stable down move - RSI trace operates within the 40-30 RSI levels
If the RSI trace falls below the 30 level, it is best to trail a stop above each candle body high, price momentum is again...Ignored