Best RSI Indicator Strategy for Day trading Forex (RSI Indicator Explained)

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As traders, it is very important that we can identify key levels on the market, where prices are more likely to switch directions,
these key levels can be detected if we know when the market is at a relatively high or low price, and the RSI does a very good job of doing that
and ,in this video, I'm revealing the best strategies that we can use with the RSI indicator
CSRS on tradingview -
www.tradingvie...
Indicator settings as seen on video:
Go to indicator settings
Inputs
change "1st Pivot of Bearish Div" value to 60
change "1st Pivot of Bullish Div" value to 40
change "look back length" value to 100
change chart type from "candles" to "lines"
change all colors to white
📈 Download the Excel Sheet i used for backtesting -
www.mediafire....
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Ignore tags:
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[@DataTraders]

Join my Telegram for FREE Market Analysis 👉 t.me/datatraderyt My Premium Indicator🔥 chartprime.com/datatrader

[@vanisleflyingcorgi7916]

These videos are so helpful and just the best explanations. No BS, just straight to the knowledge.

[@jashenmey]

This video is so underrated! Thanks for the great explanations!

[@kolafola7493]

your explanation is so easy. Thanks so much

[@mr_harshu.0498]

I am from India, Your Every video is very helpful for me you can show all possible levels thankyou

[@iamsanamthapa2005]

I love your video so much first time i am understanding RSI indicators many trader only say divergence and higher high and lower high . I can't understanding exact thank so much your video .

[@mohamedelsayed7703]

ONE OF BEST BEST CHANNELS I SEE IN MY LIFE THANK U SO MUCH

[@technicalblue6399]

❤ love from 🇮🇳इंडिया India 👍👍👍👍

[@faycelrahim3597]

short and simple straight to the point and i understand everything

[@trumptv1527]

wow thank you. I was confused about RSI. Stochastic is more of momentum indicator i heard and 10% of the time an oversold overbought indicator but it worked to verify for RSI. Hey thanks for csrs. You are amazing! God bless you.

[@GamingClans]

This is the best video ,it is precise and very informative ,thanks my man

[@ghafoorkhan5201]

Very helpful. The only problem is that there is no CSRS or CRS indicator on trading view to find the divergence?

[@eisarazavi4873]

You have currently the best channel that I know..🍻

[@davidchan1922]

amazing content dude... clear, concise and useful... keep uo the good work!

[@hamzeevlogs6]

Great video brother! I'll probably have to watch it several times to get a grip on the concept. What time frame do you recommend if I was to use RSI and trend lines/support resistance, can I use 1min or 5 min chart to apply this?

[@XynGG]

I backtested this using the RSI and support and resistance and it worked maybe about 60% of the time if that

[@stephenjyoti19]

sir lot thanks for making this video. love❤❤❤ from stephen jyoti from india, kolkata

[@MasterofInvestorandTrader]

You are really pro teacher 🔥🔥

[@wazzzy111]

Super explanation....just let us know the best time frame for this strategy....many many thnaks

[@ofwjourney2397]

Thank you for sharing your great knowledge, May i know the best time frame settings for daily spot Trading, in minutes or in an hour time frame? Thank you

[@questionpapersadda]

Best Video On RSI🙏🙏🙏

[@sugarsuka]

Thank you brother, because of you, I can trade better

[@vahid401]

Definitely astonishing video to me, just one question: best book for technical analysis recommendation ?

[@rita_machadosilva]

These strategies are awesome man!!!! Gratitude!!

[@BB-rw4se]

Ur content is amazing and soo damn clear If you can explain the Fibonacci Retracements Explained for Beginners Plz

[@fullcircle4723]

All your videos are pots o'gold

[@bobb74ysmith]

At the 5:30 mark you say the RSI is forming higher highs when the lines are below the 30 line? Thank you great channel and content btw

[@mojtabadav9248]

hello and thank you to upload this video I ve faced this, and find it really great and beautiful

[@Danishkhan-wt4bm]

Great sir... Can u tell me for intraday trading what time frame good for trade?

[@ruwangunasekara7718]

Excellent explanation. Thank you.

[@rolandpierrelouis4013]

What is the setting of the RSI you use in this video ? Thanks for your work

[@bbmaafx]

I am use RSI divergence and convergence

[@mattwinch72]

Thank you very much for this helpful video, different candle periods can give different results, how best to look at this? What would you recommend as the best period for day trading? 4H, 1H? Many txs Matthew

[@Holywoood1]

Hello. I like your videos and using some of your strategies in my practice. Very impressing. I wanted to ask about the CSRS indicator you mentioned. There is no such indicator in my Trading View. Can you suggest which is it exactly? Thank you in advance!

[@aleksszukovskis2074]

same

[@dianacharlie5283]

Learning everyday

[@mr.vertix7319]

You just earned another sub 👊🏻👊🏻

[@roseelmoh1122]

What is your rsi and stochastic settings and what chart can you use this on ? 1hr good ??

[@victorontheweb]

Great video, thank you. What is the difference between Stochastic and Connor RSI ?

[@ilja5425]

What is your stochastic and RSI settings?

[@mohdakramabubakar2925]

Hi bro,...very good n great video. Can you explain in detail about CCI strategy...tqvm.

[@faithstephens116]

You mentioned the stochastic indicator, so what’s the best strategy to that one as your one of your main indicators?

[@DataTraders]

i dont have a "main" indicator, i change my indicators depending on the market condition

[@umeshdesai6828]

Educational

[@aryan_9652]

thank you brother

[@SAN-dv7wl]

Sir we can use these all trading strategy for crypto is that same for all Or it's only for Forex

[@gonzalotoloza6700]

same problem here

[@benedictgoodluck1092]

Please explain the candle stick pattern

[@ytunfpp]

Superb explanation. Thanks

[@navormontoya6027]

Thank you for the lesson, it's very informative.

[@martinettenes1789]

Great information, thank you 🙏

[@parshugyanram136]

Excellent !

[@jayshreepande2279]

Outstanding sir .........

[@clydbontong5410]

Very helpful thanks .

[@sanniazeez7003]

Interesting and educative

[@KoladiK]

The RSI with the bollinger bands are a nasty combo mambafx has a video on it Period: 34 Shift: 0 Deviations: 2,000 Apply to: first indicators data

[@TuAudiolibro]

Excelente como siempre, muchas gracias!

[@V3killerx]

Is this video helpful for trading Stocks as well?

[@mohammedhaggy-9068]

Can you mention the periods you use for RSI setup

[@MrPriceG]

very logical video but here he does not mention to which timeframe is used,and whai is the parameters of RSI setting, because the lower time frame is much more noise and not dependable!

[@ahmirasad007]

Hi nice video. Make a video on the TDI strategy.

[@johnykumar5636]

praise the lord brother am from india these stratergy use for option trading.?

[@YaaALI313]

Hey can you make a hull Macd with histogram that would be nice to see and tested

[@lahirujayasekara9067]

thanks for the great explanations

[@Amol777]

Very well explained

[@drajitpawar7303]

Thanks!

[@abubekirlenty8854]

Thanks

[@Amol777]

Best explained

[@pawankumakdp]

Excellent

[@ravindrabaldawa2900]

Nice 👍 concept

[@barbarajordan2698]

what ma do you use with the rsi and why? also I noticed that when using the rsi with the 50 point line, you gave the example in the middle of price instead of at the end, would it work the same way where price is at the time? thanks for the good information.

[@harvgill76]

Excellent.

[@JonnieSzysh]

this is the most profitable way to make money in internet

[@TheAmbitious22]

sometimes we have both divergences, bullish and perish what should I follow!

[@zaidbolhasan6292]

What about 40 to 50 support area in RSI? Can elaborate?

[@JoaoPereira-ow6lr]

Great video bro. Thanks👌

[@abdulazizali3700]

U r Best Bro

[@RameshMuthuk1596]

Very informative .. thanks

[@vincentbanal4473]

Is it good also for crypto trading?

[@ciaranbrennan16]

Great video.

[@casicrypto6101]

Great video

[@joanjayme5651]

Hi,..which is the best TF for using rsi?

[@kokik2373]

God bless u thanks ...

[@ramoneucogco6446]

What is best timeframe using this strategy?

[@kanagaelectronic480]

Lovu bro

[@gameanimasi5140]

good video teknik skil

[@suryasuryam476]

Sir what is the RSI best setting

[@rogerioteles9249]

Obrigado

[@fysara8362]

very helpful

[@mizaelpereira9276]

Excelente video muito informativo.

[@PlainCheesePizza]

what time frame are you using the mid line /stoch strat on?

[@kajalbathija4927]

Hi which time frame should this be used on

[@AxL28AxL]

can u do a 3 bar play video.

[@sureshrama600]

Sir am from India... Is this strategy can I used in our market? Can this work?

[@mihirviranistockmarket2097]

bhai agar tereko check karna hai ki work karta hai bhi ya nahi tofir us stock ka chart open kar aur deak le.

[@SR-ve6kb]

Do these apply only to forex trading?

[@minyoo792]

what is the setting number he used for divergence? is it 46 or 51 it keeps changing

[@osamabinladen678]

Awesome bro

[@redqueen7572]

Need more videos

[@tejaspatil3081]

Which software are u using

[@abi1181]

can I apply ur setups in indian market ? Is it work ?

[@ankitanand2458]

what is the best time frame for rsi?

[@epicsounds9115]

WOW

[@kelvinosas]

Do more videos.... I can follow u on telegram. Instagram or any social platform

[@jaganm2649]

Tq sir