Curious to know what you guys think about using RSI to make informed trades.
If you use it, care to share in what capacity and what settings?
If you use it, care to share in what capacity and what settings?
It is pretty much useless, buddy. You know what's best? Go to Tradingview and add one of those RSI indicator scripts that show you when to buy and when to sell. Now do some backtesting with NASDAQ or DOW or even BTCUSD. You will see it shows 50/50 ratio wrong to right signals.