RSI = Blue, EMA of RSI = Red.
RSI 14, EMA 45
Long Rules:
1) RSI > EMA RSI = look for long setups
2) Resistance is broken ( a new high )
3) Price rejects (pulls away) from the previous resistance
4) RSI > EMA RSI >> 50
Short Rules:
1) RSI < EMA RSI = look for short setups
2) Support is broken ( a new low)
3) Price rejects (pulls away) from the previous...