RSI As An Exit Tool by David Cartwright
ARTICLE SYNOPSIS ...RSI As An Exit Tool
by David Cartwright
Over the past 12 years of futures trading, I have taken a singular approach to the use of the relative
strength index (see sidebar, ""RSI""). I have discovered that RSI is unreliable for market entry. For exiting
the market, however, the index can be very impressive. For traders who take multiple contracts in a
futures market, using RSI can be even more dynamic.
It is a common practice for traders to use a trailing stop order to protect profits on positions that are
working in their favor. Many traders will use a simple moving average to locate the are...