What Is Forex Rsi trading Stategy?

The Forex RSI Trading Strategy doesn't have a specific, universally recognized name, as it can be adapted in various ways based on the trader's preferences. However, the strategy often falls under different types of RSI strategies, such as:

1. RSI Trend Trading Strategy – Focusing on using the RSI to confirm trends and entering positions accordingly.
2. RSI Divergence Strategy – Trading based on the divergence between price movements and the RSI indicator.
3. Overbought/Oversold RSI Strategy – Trading when the RSI reaches specific levels, typically when it crosses into overbought (above 70) or oversold (below 30) conditions.
4. RSI Swing Trading – Incorporating RSI levels to find swing highs and lows for medium-term trades.

In practice, traders may name their strategies based on the specific settings they use, such as:

• RSI 14 Strategy (based on the period 14 setting)
• RSI Support and Resistance Strategy (using RSI along with key price levels)

You might create a unique name for your version of the RSI strategy, especially if you're using custom settings or combining it with other indicators.