RSI Crossover Signals with Close-Bar Alerts
Summary
This brief indicator description explains a signal tool based on crossings between two relative strength index (RSI) calculations. It marks signals on the latest completed bar and can send notifications by email or to a smartphone. The description presents the indicator as a simple alerting aid; it does not specify the RSI periods, the crossover rules in detail, or how signals should be used to enter or exit trades.
No market, backtest, performance evidence, or risk analysis is provided. A crossover alert alone does not establish whether a market is trending or ranging, and RSI-based signals may lag price changes or produce repeated signals in choppy conditions. The document is therefore useful as a basic description of an indicator concept and its notification functions, but it does not provide enough detail to evaluate or reproduce a trading strategy.
Key ideas
- The indicator generates signals when two RSI calculations cross.
- It marks signals on the latest completed price bar.
- It can deliver alerts by email or smartphone notification.
- The document does not specify RSI settings, entry and exit rules, or performance evidence.
- Crossover alerts alone do not establish that a trade has an edge.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.