RSI Divergence Trading Strategy [ThinkorSwim Automation]

Transcript

The relative strength index is the most popular indicator, but it's very lagging. Let's just take this move down. We're looking at the S&P 500 here. I mean, even from just here to here, that is a 5 and a half% move down in nine trading days. That is a massive move in the S&P 500. Yet, the RSI from this bar is at 37 and even like tracking down. It's... Read More