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• 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...

AUTHOR: David CartwrightDATE: APR 1991