Beginner Guide to the RSI Indicator

[@prokter8bp669]

5 years after this video is posted and still so relevant. im new to trading and ive learnt so much from your videos. David your a top teacher. Thanks

[@Rios101]

Facts!!! Also relatively new to trading. And it isn't easy as it seems

[@ronaldsimmons7316]

I use my age-old Murphy's Law Trade formula: Whenever I buy a stock, it always goes down. When I sell it, it always goes up. It never fails.

[@kobepower]

that means ur timing is off. so look at what time u buy and take 30 mins to wait i been there

[@szbmedia]

Brilliant 🤣

[@76biggdogg]

Just do the opposite of your initial plan .... Easy peasy, lol .... Jk of course

[@76biggdogg]

You are most likely trading against the bigger trend.

[@NxGDE50MErK]

Whelp, when you take a trade get a loved one to do the opposite, I'm sure they'll thank you when they're rich 🤑

[@kenbridgeman8590]

So nice to have somebody TALK to us instead of yelling at us. Really like your communication style. Thanks!

[@cheesy888au]

Thank you. You’re one of the few you tubers who can explain things simply and you have helped me immensely.

[@MrPangulo007]

"you have to be patient,(which is a problem for all of us)" true that.

[@tunim4354]

😁👍🏼

[@GianniGirolamiJiening]

really like David's introduction of the "divergence" part and the use of several lows as reference for a stop-loss. very valuable!

[@fitnesslibrarian9013]

My god. I’ve just been obsessed with trading lately. These videos are the best I have found. You are a gem. Thank you for getting me even more balls deep into this subject.

[@TheHannible]

Did you start trading P? If so how are you doing I am still reading reading reading!

[@ch3ckm8]

Learning RSI is definitely essential for trading. Probably the easiest and most reliable indicator in existence.

[@markassbrownlee2739]

Remembering 1992 what about swing trading?

[@mr.everything183]

Had no idea about this divergence thing, but I went and looked at some old investments, and wow. It’s so clear now.

[@alexs555]

Still watching and learning in 2021. Thank you for your hard work putting the videos online!

[@integer22]

This series is so good, by far the best I've found on KZbin. Great work David, you're a brilliant presenter and educator and it is very much appreciated. The quality of these videos far exceeds what I'd expect for a free KZbin series, thank you!

[@BruceWangOfficial]

I’ve prob made the most profits from RSI. Thanks for the tip about bullish/bearish divergence. Will look out for that!

[@brendangolledge8312]

Really? What asset and what strategy? I looked at the history of rsi vs price movements on bitcoin and found that it was essentially correct on the scale of weeks, but as good at flipping a coin in the scale of years. I was thinking from this that it shouldn't be used for anything apart from judging the timing on markets that you already want to enter/exit.

[@PonteRyuurui]

this channel is pure gold

[@nflbestfootballclipsever9138]

I'm glad I found your station on KZbin. You have quite the calm demeanor when you teach. What a great guide to the RSI

[@rolexrakes5290]

very good presenting, clear, concise, to the point, does not over labour points or drone on, relaxed consistent approach. Thanks for doing what you do well! Really helps.

[@Andrew-yl7lm]

Good video as always, been using 212 for almost a year and I've had success following advice and tips from these. Really good job guys, thanks.

[@bakr0x]

love this, probably the best rsi explanation content I've seen so far. thanks man

[@crazyyutober1150]

You are the best. I try the MACD and RSI with my DEMO account, and you are 100% right!

[@abhishelke123]

Man let me thank you as setting of 10 periods for RSI has made all the difference for me.

[@hareshadvani3543]

Thank you. You have explained things in a very simple and concise way. I have seen so many videos of other channels, I do not understand. find the concepts complicated, leave it half way...You have explained it so well, I cannot believe it could be explained in such a simple, to the point manner. Thank you again. Keep up the good work.

[@dub_tim]

a mathematical and a simple explanation. gave me a good insight in the RSI area

[@sasidharanpillai4285]

you are explaining in simple terms and newly known about divergence , thank you sir

[@darinwade7768]

Excellent overview I learned fast on this one..RSI are great for determining how long a sell trend will last, thanks you for teaching RSI in a less complicated view, thank you the background charts are visible and always say what studies and indicators your using big thank you..

[@alireza4734]

Your explanation is fantastic. You teach everything in a very good clear way but I highly recommend you to try to use Word or something like that for writing formulas and notes. Thanks a lot David.

[@TopJoo7]

Today, I understood what a bearish divergence is, thank you kind sir.

[@July-A7]

There's no such thing as divergence that shows direction afterwards. It may go up just as well as down. Don't rely on divergences.

[@LifeSuxAss637]

thats any indicator or signal lol

[@jaeprince6080]

lmao

[@moons4768]

Lol. RSI divergence is everything.

[@tr4gik11]

@@July-A7 Its just an indicator Son like all indicators it does not predict 100% move on market , nothing does.

[@hashemfathi1646]

Thank you for putting your videos without any stupied commercials

[@MrMichaelBPedersen]

This is some great advice, loving the in depth explanation and tips, rather then just talking simple signals.

[@neonether]

For those doing the math, here's the CORRECT formula: RSI= 100-[100/(RS+1)] Using the formula in the video will yield an irrelevant value.

[@MelodySorrow]

I thoght the equation doesnt make sense. Thanks for the correction

[@talaltaher1442]

Thanks for correcting

[@surendharp2101]

😂Lol

[@joshuadavid4756]

Open your eyes and see..... Ahm just wanna say it's a minus not plus, he mentioned the maths guys so other people shouldn't buzz around

[@johnsnow9348]

The formula showed in the video is also correct. (1+RS) or (1-RS) in the denominator is just an adjustment to convert relative strength (RS) into the index from 1 to 100 when relative RS goes to the infinity.( i.e. moving average of the downtrend goes to zero).

[@TheConsciousParentingShow]

This was really simple and easy to understand. Thanks David.

[@joeybaez1745]

LOVE THE WAY YOU EXPLAIN THINGS, VERY UNDERSTANDING. THANK YOU SO MUCH DAVID

[@TomyBach]

Thank you for explanation of this oscillator ❤️ Helped me a lot

[@chemistryinaction5788]

I gave you double like, a very easy explanation

[@stevenmccarthy794]

Thank you, you explained it so simply and so clearly. Very helpful. This is the first of your videos I have seen but I will be looking at some more. Thank you.

[@onsitelr3692]

I love your videos, you honestly explain everything so simply yet with so much detail I really appreciate your knowledge! Thank you!

[@idbountyhunter]

One of the best explanation that I have seen, thank you for your time in making this video.

[@ktxed]

judging by his writing I suspect the guy was an MD before he was a trader

[@davidjones2452]

Ha! It is dreadful.

[@desertrose89]

Whats an MD?

[@Josh-tt6zg]

@@desertrose89 Medical Doctor

[@desertrose89]

@@Josh-tt6zg haha funny

[@nesramen]

Yes, ugly MD handwriting.

[@ZukeTiki]

Awesome video.. i had to figuer it out on my own.. p.s. the 4 hour chart is the best one to fallow.. if the weekly chart agrees with the 4 hour chart to buy buy buy then brother you better buy in. But then you have to wait and only sell when you are at your highest point.. not by the end of the day like most people want. It takes weeks even a year sometimes to hit to roof.. a 100 dollar investment can net you thousands though in the right spot. Bravo on this video for explaining it very well

[@RajendranChinnaveeran]

Very simple way clearly explained about RSI. Thanks.

[@climberly]

Awesome video! It really helps. Keep up the good work!

[@deborahshields5555]

Excellent session - The Divergence is an awesome tip. Need to get the sharp eyes for the money!

[@nerdkeyboard]

Thank you, Sir. You have done a wonderful job in explaining the RSI. This has truly helped me.

[@rachelclements1555]

Dude, you are a legend. Thank you for this.

[@vivrd]

This is AWESOME!!! Thank you sooooooo very much. Most crisp explanation. Thanks.

[@himynameisjc91]

This video was very helpful. Thanks

[@RanaWinckler]

Your work is just incredible! Thank you for it

[@deynna45]

Wow this is great I was trading off volume as a new trader, I feel like I can do so much better now, great video

[@TH120455]

Excellent as usual. thanks

[@itzradianttv7536]

Great and informative. have always wanted to know more about RSI I see. Thanks, David!

[@MrMathsimon]

You explain things so easily. Subscribed!

[@SaltwaterOutlaw]

Great job explaining the concept, look forward to checking out some more of your videos.

[@GhulamMustafa-zs6xt]

A great work out by you thank you very much please explain how to buy and sell by RSI indication, on what percentage we should buy and on what percentage we should sell. and between what percentage we should stop buying and selling,

[@BillyReedMusic]

Thanks, David! Great info!

[@lugombear2269]

Good point on RSI is that you can find divergence on different timeframe. So if you dont see in D1, check H4, or H1 and you can find divergence there. That way is more sensible. For sure if you find divergence in D1 or H4 is more stronger and good confidence to go into trade.

[@labjujube]

very helpful! I just found that WMT had a bullish divergence at 02/05/18 and 02/09/18... Might have made a profit if have seen this video earlier!

[@tmlpgm]

Nice explanation, just used it and it's really relative... Thanks!

[@PeterDful]

Thanks David for your contribution We all need to start somewhere. Ignore the dislikes,

[@peruzfinest07]

What an awesome video!! I love your channel!! Liked and subscribed!

[@MFXCenter786]

Great video and everything to know about RSI indicator. Thanks a lot

[@ScottWilder]

Great explanation of bullish and bearish divergence.

[@thesidehustlecrew6533]

Simple and lucid explanation of the concept. Thanks a ton!

[@kashifkhan-kj7eu]

Thank you Davis, I am working on so many strategies and systems but believe me your video helped me to learn few new things about RSI, I loved your way of explaining, don't know if you have done this before but I would really like to see your trades in action, based on strategies/systems you're using :) ;)

[@awaken8282]

Thanks, easy to understand

[@jo8422]

Nicely and calmly explained

[@MrMarcoAlvarado]

Hello, very good video. What is the difference between the RSI 14 and RSI 10 and for which timeframes can they be used?

[@D215293]

Excellent Video, very helpful

[@divinesamadhi6039]

Thanks David Jones the Video was helpfull to study RSI more deeply

[@valentinacarrizo7266]

Hi, what´s the difference between a RSI6 and RSI10 or another number? Thank you for your videos

[@samsaleh3447]

Excellent explanation of RSI 👍🏻

[@rehanzamindar6533]

Once you spot divergence also see if price has struggled in recent past to make lows/highs. Check how deep were the earlier retracements . Deeper retracements just before the divergences are better winners. Then enter on lower low or higher candle...

[@ahhmrbond]

Really fantastic video yet again. Thank you.

[@nazardudyk4784]

Thanks a lot for this useful video, but, can you make another one explaining the slow stochastic indicator, in fact the values of D period and slow K parameters to set on this instrument, thanks

[@Trading212]

Hi Nazar, a video explaining the Slow Stochastic Oscillator has already been published. Watch it at kzbin.info/www/bejne/r6G7d4Z3aaufgJY.

[@jimreeves26]

Sir after seeing your video of rsi. I making profit past 3 days .I.use rsi Current market updates .using top gainers end losser .I'm doing profit

[@mentormuller8929]

Thanks for this simple explanation!

[@AriffAffendi]

been subscribed to you,Sir since early this year. and start training Divergence for the past 3 months now. EURJPY H4 blips.... time to go short.

[@stoneyj1a1]

Good explanation, i learned something new. I've never had much luck with RSI so maybe this will help.

[@Trading212]

Glad it was helpful!

[@bridges174]

I appreciate this video and your teaching style, good stuff.

[@Flanknodger]

Thanks. I was able to easily follow your explanation.

[@oliverpaulantioquia6931]

Sir how about the 5 percent rule? I read a text book that this is important rule dealing with this kind of indicator

[@wren6o]

The formula is wrong. It should be 100-100/(1+rs)

[@emilybird9761]

Thank you so much for this, I'm a better trader today and have applied what I've learnt already. :)

[@jeankenissan1528]

I'm on a david jones/trading 212 marathon and watching all the videos from the start of this channel. Really really good info and this was one of the best videos for me! If we have 6 days where market gains 10 points and 4 days where market drops 10 points for example our RS would be (60/10 ) / (-40/10)= 6/-4 = -1.5 and our RSI would be 100 - (100/ (1 - -1.5))= 100 - 40 = 60. Is that correct?

[@darkblueturbo]

I saw this an hour too late. Made a trade at lunchtime using exponential moving averages and have been trying to figure out why the stock I bought has gone down instead of up. Using this RSI technique I have my answer. Shame I didn’t watch it this morning :(. Thank you though.

[@crookassassin]

Great video, easy to understand, many thanks!

[@WiilliConCarne96]

The formula displayed for RSI was slightly incorrect: He wrote RSI = 100 - (100 / (100 - RS)) where as it should be RSI = 100 - (100 / (100 + RS)).

[@PerfumeVibe]

Nice explanation, thank you sir ❤

[@marcusharvey5626]

Explained so succinctly, thank you !

[@joefranks5526]

Easy on the ears. Got it. Thanks

[@paulbarker5635]

thank you. well explained and a good tone of voice.

[@muhamedezwai1732]

Hi, Mr. Jones, could you please make a video about the MACD, and the theory behind it? Thank you

[@Trading212]

Hi Muhamed, there is a video in the channel covering the MACD indicator. You can watch it at kzbin.info/www/bejne/e2SugWSNrrF8irs.

[@muhamedezwai1732]

Thank you, sir.

[@jolitpanchal]

Wow, thank you so much for this video .

[@joshuajohnson9223]

Thanks for a simple explanation.

[@WheelerRickRambles]

Thank you! Thank you! ...from Rick in AZ!👍😀👍😀

[@lakumg1825]

It was a good one. Kindly suggest which other indicator can be used along with RSI for effective prediction

[@chrisjones2625]

Thanks, very helpful

[@lu8364]

Thank you! I like using RSI too.

[@phoenix89naca12]

What do you think about adding one more indicatior, to help i.e. The Volume Profile Indicator?

[@muchixl2427]

Simply put! Thank you!

[@ArnoldsDesign]

Could you use the RSI as a momentum indicator?

[@rohitrambo555]

Really helpful ... Your videos are probably the best and well explained.. Thank you so much . Please make a video on Calendar Spread. 🙏

[@BakerzBakery]

How often do divergences occur during a day? How important is the time frame you use, 5minutes, 30mins, 1h? And finally do you use the RSI divergence only in forex? thank you.