Do RSI rivergences work?

Description

⋅ Jan 22, 2019 8:27 PM

Here are 6 that work (red)
and 4 that were false (purple)

Seems like they are too hard to use and you get faked out a lot. You can find them so often in hindsight though.

Trend Analysis

Comments

Okrakel

⋅ Jan 22, 2019 10:41 PM

Your trendlines are not drawn that correct, you have to check if the lows (or highs) on RSI diverge with the lows (or highs) on price