Oscillator "RSI"

Expert opinion. RSI belongs to a group of oscillators. Its signals include:
- Line direction
- Oscillator coming out of the overbought\oversold areas
- Divergence

Expert opinion. The oscillator works great during lateral movements. But this lateral channel must be wide and clearly marked.

Expert opinion. You can build trend lines on the oscillator. And open trades, when this line breaks through. When the break-through occurs in the overbought zone - buy. When in the oversold zone - sell.