Top 8 RSI Secrets (MUST SEE!)

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Fractal Flow - Pro Trading Strategies

Fractal Flow - Pro Trading Strategies

Күн бұрын

This is a video about RSI secrets and RSI trading strategies.
FRACTAL FLOW WEBSITE: www.fractalflowpro.com/ (better seen on desktop!)
PRICE ACTION COURSES: fractal-flow-price-action.dpd...
STRATEGY STORE: fractal-flow.dpdcart.com/
CONTACT: support@fractalflowpro.com
RSI is among the most popular trading indicators ever created. However, despite the their popularity, there are many details and secrets that traders are not aware of. In this video about RSI secrets, I go deeper into the mathematical properties of RSI that expose the hidden aspects and the fatal flaws of this common indicator. If you have ever used or intend to use RSI in your trading, you'll certainly benefit from this video.
Moving Average Secrets: • TOP 11 Moving Average ...
Bollinger Bands Secrets: • TOP 5 Bollinger Bands ...
Fibonacci Trading Secrets: • Top 7 Fibonacci Tradin...
Support and Resistance Secrets: • TOP 9 Support & Resist...
#RSISecrets
#RSITradingStrategies

Пікірлер: 143
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Moving Average Secrets: kzbin.info/www/bejne/hIayeGZtmZyeaJI Bollinger Bands Secrets: kzbin.info/www/bejne/eqvKdIxsma-gg7s
@razzaqfasherazzaq1636
@razzaqfasherazzaq1636 3 жыл бұрын
I have been following the Top secrets series and every one has wowed me. To think that someone with deep insights into the use of indicators as shown in the series doesn't advocate for their use...I give my respect chief !!!
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Thank you!
@kabinaik3110
@kabinaik3110 3 жыл бұрын
Never imagined such a use/interpretation of RSI! Extremely useful .
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Thank you for the feedback!
@chimchu3232
@chimchu3232 2 жыл бұрын
Ikr! My mind gets blown by this channel on a daily basis. I've been watching these videos for just a week or so, and I'm already seeing positive results in my trading
@epiphlogiston
@epiphlogiston 2 жыл бұрын
I must say that this is the best tutorial on how to use RSI.
@juancortez4726
@juancortez4726 3 жыл бұрын
Awesome!!!! Thank you!! I'm binging on your videos! Saving up for your courses! You'll see me there for sure!!
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Great!
@josencan
@josencan 3 жыл бұрын
Some sell stuff that don't hold a candle to this content. "... To find the most accurate trade entries and exits that are possible to find on a price chart." It was so casual, but I see it's true. You're a trading Ronaldinho.
@fractalflowpro
@fractalflowpro 3 жыл бұрын
haha I laughed at the "trading Ronaldinho", but thanks.
@josencan
@josencan 3 жыл бұрын
Yeah, you are. And by the tone of your channel and how you emphasize constant learning and advancement, I don't think you still use price action. Maybe you use only institutional methods.
@fractalflowpro
@fractalflowpro 3 жыл бұрын
I do use price action once in a while. It's important to diversify in every way.
@carmencipolla3973
@carmencipolla3973 3 жыл бұрын
Just came across this video and your channel. Top notch content my friend. Very well put together. Thank you!!
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Thank you
@fantomghost6213
@fantomghost6213 3 жыл бұрын
Great video, very informative. Didn't know just about all of this with rsi. Thanks for your time and effort.
@fractalflowpro
@fractalflowpro 3 жыл бұрын
My pleasure
@ultradax
@ultradax 3 жыл бұрын
I've always noticed momentum channels this past few months wondering what is the right term of that scenario and now finally know what is it. Thanks to you
@SuperFreeshit
@SuperFreeshit 2 жыл бұрын
Valuable, well documented. No BS. Awesome!!
@Smeg120
@Smeg120 2 жыл бұрын
Bravo for the spirit of sharing your knowledge and deep research .Congrats
@manosm1
@manosm1 3 жыл бұрын
Thank you sir for your knowledge. You are the best!
@vinayakakalidas2262
@vinayakakalidas2262 3 жыл бұрын
It's really great presentation, thanks for sharing
@dimuthdissanayake1459
@dimuthdissanayake1459 2 жыл бұрын
you're doing such a great job I give my respect and thank you very much, sir...
@Jj-mo8xz
@Jj-mo8xz 3 жыл бұрын
Great video and very informative. Have you ever thought about a starting a forum or signal service by the way, we would love to see something like that
@fractalflowpro
@fractalflowpro 3 жыл бұрын
I don't have a big enough audience for that yet.
@reusucnkongolo
@reusucnkongolo 3 жыл бұрын
We will definitely be subscribing and increasing your audience. This is quality work. Thank you very much 🙏🏾❤️
@davislavon6197
@davislavon6197 2 жыл бұрын
I love your videos man!... It's so cool and the way you teach is calm
@hocinetgt
@hocinetgt 3 жыл бұрын
This is what I call a pro approach, please keep up the great work , thank you 🙏.
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Thank you. What would you like to see next?
@rosieterrazzano6250
@rosieterrazzano6250 2 жыл бұрын
For the smooth rsi break do you have to use lower setting rsi like shown on the video? Mine is on default
@richardmushi5090
@richardmushi5090 3 жыл бұрын
Great content thanks man
@beatricewillows
@beatricewillows Жыл бұрын
#4 was the most interesting to me, thanks for sharing!
@mrsingh0
@mrsingh0 3 жыл бұрын
Keep it up, GOD Bless you 🙏
@garyroe5947
@garyroe5947 3 жыл бұрын
thank you. RSI my favorite indicator.
@carpediem142
@carpediem142 2 жыл бұрын
Great knowledge. Thanks for the video 😊
@mkamgmail
@mkamgmail 4 ай бұрын
One of the best videos I have seen on RSI. Some trades examples based on RSI video will be appreciated
@riganpatel
@riganpatel 2 жыл бұрын
terrific info thanks a lot
@hmbhardwaj
@hmbhardwaj 3 жыл бұрын
Can you pls make a video on RSI Extrapolation as well? Thanks
@kalepusankar9240
@kalepusankar9240 3 жыл бұрын
Your explanation is good and it's sectrets of rsi thank you so much 🙏🙏🙏🙏
@ralphaelconfer9719
@ralphaelconfer9719 3 жыл бұрын
Tthese secret videos are greatly insightful.
@vtbhagat
@vtbhagat Жыл бұрын
VERY WELL EXPLAINED THE DIFFERENT ASPECTS OF USING RSI AS INIDCATOR. THANKS.
@ajaysadanshiv186
@ajaysadanshiv186 3 жыл бұрын
13:38 min video change my life and my trading style ,,,Thanks dear...
@ax0185
@ax0185 3 жыл бұрын
Hi, why do you use RSI 4 instead of 14? Do you explain this in any of your courses? Thank you!
@S3din
@S3din 3 жыл бұрын
How can you tell difference between bullish continuation divergence and bearish reversal divergence? Doesn’t rsi look similar in both?
@mreddy243
@mreddy243 3 жыл бұрын
Great technics
@victalent
@victalent 11 ай бұрын
Thank you very much Pro !
@chrisakbas938
@chrisakbas938 10 ай бұрын
I'm sorry if I somehow missed that but do you recommend different settings on the RSI depending on what timeframes and strategies you use with the RSI? Always 14 as standard or something else?
@tessalittle2411
@tessalittle2411 2 жыл бұрын
I la, always learning and going deeper into using RSI thanks to Andrew Cardwell. Your lasts two helped me see two new ways to project reversals - something I recognised I needed to improe with my trading- here I am - drawn into an answer and here I am :)
@alaabes
@alaabes 2 жыл бұрын
Wish I can hit the like button a couple of times. Videos are great!
@magic2066
@magic2066 2 жыл бұрын
Wow, what a useful video. Thx
@RajanBallabh_Singh
@RajanBallabh_Singh 2 жыл бұрын
best ever video i have watched on this...thanks a ton....Regards,,
@valpyatak
@valpyatak 6 ай бұрын
Very informative! Thank you! As I am currently finishing the Fractal Flow Strategy Video Course, IMHO this information will help me will be able to strengthen well context for looking for entry into those trades for which the cornerstone is a fractal bar. What do you reckon?
@naingsoeoo4205
@naingsoeoo4205 3 жыл бұрын
Thanks a lot!
@fractalflowpro
@fractalflowpro 3 жыл бұрын
My pleasure
@thegodphreaker
@thegodphreaker 2 жыл бұрын
awesome vidoo, what time frame is this in?
@Shadows-FX
@Shadows-FX 2 жыл бұрын
The issue I have is at 3:32 with the divergence fail. Marking divergence should only be at the extremes, high and low of the day, session, week, not in the middle of a trend run. Other than that, excellent video.
@romeoooooooooo
@romeoooooooooo Жыл бұрын
yes, it should be around level 30 & 70
@Shadows-FX
@Shadows-FX Жыл бұрын
@@romeoooooooooo right. I have mine at 68 and 32 per Dean Malone’s instructions.
@Shadows-FX
@Shadows-FX Жыл бұрын
That was a typo. I meant Dean Malone, not Maxine’s.
@mohammadfarzan230
@mohammadfarzan230 2 жыл бұрын
Thanks
@aem2125
@aem2125 3 жыл бұрын
excellent
@Brucelee-kv1ce
@Brucelee-kv1ce 3 жыл бұрын
can you make a video about secrets of STOCHASTIC specially for scalping
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Will do
@nilratansarkar7110
@nilratansarkar7110 3 жыл бұрын
Its marvelous sir,everyone must watch it
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Share it!
@dailylifetaste4091
@dailylifetaste4091 2 жыл бұрын
Many Thanks.
@alliswell508
@alliswell508 2 жыл бұрын
Thank you🙏 sar
@wankd1863
@wankd1863 3 жыл бұрын
Love it
@_nayl7288
@_nayl7288 Жыл бұрын
Hi How to confirm the smooth momentum reversal?
@josencan
@josencan 3 жыл бұрын
Can you do something on ichimoku and Bill William indicators?
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Don't get me started on Bill Williams haha.
@adiputra16_
@adiputra16_ 2 жыл бұрын
Thanks Boss 🙏
@AK-hk3hs
@AK-hk3hs 2 жыл бұрын
Watch and watch and watch again...thank you
@alexanderemmanuel2580
@alexanderemmanuel2580 3 жыл бұрын
Hi Fractal... I really love the smooth rsi strategy but I can't seem to set it on my mt4 Can you help me out with it??
@carlosinojosa8506
@carlosinojosa8506 2 жыл бұрын
Trading view
@mipchen
@mipchen 2 жыл бұрын
Extremely useful and very well explained. Thank you!
@khliew4058
@khliew4058 3 жыл бұрын
Ima too late to find out this video. Appreciate!!!
@KujeIsaac
@KujeIsaac 11 ай бұрын
nice one there,what about for keltner channels please 🙏🏼🙏🏼🙏🏼😭😭
@gitagobindadas2725
@gitagobindadas2725 2 ай бұрын
Sir, Kindly make video about neowave and timecycle
@kabinaik3110
@kabinaik3110 3 жыл бұрын
New Insights in RSI!
@sachinkarde2326
@sachinkarde2326 2 жыл бұрын
My fevorat indicator ❤️
@anhsai3813
@anhsai3813 3 жыл бұрын
Great! Great!
@Erebor_1.618
@Erebor_1.618 2 жыл бұрын
Nice content
@stewartprice5924
@stewartprice5924 3 жыл бұрын
I love this. Experts are always the best in forex and stock markets.
@koolkrieg
@koolkrieg 3 жыл бұрын
Please do a black friday full bundle discount brother and i will buy asap
@rksharma10911
@rksharma10911 3 жыл бұрын
good
@harryblack7530
@harryblack7530 3 жыл бұрын
So I've watched all of the KZbin vids n made notes, should I go straight into the price action trading series?
@fractalflowpro
@fractalflowpro 3 жыл бұрын
If you understand the basics yes. Email me so we can talk about this in a better way.
@harryblack7530
@harryblack7530 3 жыл бұрын
I can't find your email address
@fractalflowpro
@fractalflowpro 3 жыл бұрын
@@harryblack7530 contact.fractalflow@gmail.com or support@fractalflowpro.com
@fractalflowpro
@fractalflowpro 3 жыл бұрын
@@harryblack7530 I tried to answer your email, but it returned. Try to contact me directly.
@harryblack7530
@harryblack7530 3 жыл бұрын
@@fractalflowpro sorry about that I wrote my email address wrong, I just emailed you
@8cesarin
@8cesarin 3 жыл бұрын
Do you have a channel for language in Spanis?
@fractalflowpro
@fractalflowpro 3 жыл бұрын
No
@waxjohn5603
@waxjohn5603 3 жыл бұрын
Sir, please make video over Expert option if possible
@fractalflowpro
@fractalflowpro 3 жыл бұрын
I don't know what Expert Option is.
@kirangiri9062
@kirangiri9062 2 жыл бұрын
I subscirbed by another I'd to this chnnal with great respect each of Ur videos are awesome n easy to learn ♥️♥️♥️
@heldim92
@heldim92 Жыл бұрын
Hi man! I am a very curious person, by nature, and I have some passion for the simple act of thinking. It's been a few years since I started to go deeper into some thoughts related to price action, and I've noticed so much of what you've been presenting on your videos, I just couldn't be sure if those perceptions were really a thing, or just a delusion (when you are like me, it often occurs). It's just harder for me to "set in stone" about anything. That said, I've been trying to reduce my 5 min setup to the bare minimum, which includes, at the moment, only 1 indicator of my own. I'm not quite missing anything else, but I would like some different perspective other than the one I use when I'm about to take a trade. Would you say the RSI is a good alternative, speaking of indicators? I feel like it is still one of the best options for this matter. Please reply.
@fractalflowpro
@fractalflowpro Жыл бұрын
I resonate with a lot of what you said. Unfortunately, what you are describing is a sort of "curse" of people who have a high orienting reflex or just like thinking and discovering new things. You will learn stuff most people don't, but you will also pay for it by having this unsettling feeling. Again, nothing is free. On a brighter note, I think that in terms of indicators, the RSI is probably the best one.
@heldim92
@heldim92 Жыл бұрын
@@fractalflowpro Thank you! Indeed, you are right! It is rewarding though, so please continue making content. On one of your videos, you mentioned that great quality channels usually don't get many subcribers at first. I follow some of the best channels in the world, in my perspective, and they're all below 500k subs. I'm glad I found your channel! It's just a matter of time for you to grow even more. Still about the indicators, I never considered to use the linear regression channel indicator. Is it a viable option, in your opinion? I had never used pitchforks before watching some of your videos and getting triggered by this tool, therefore, I'm still not able to use it properly, so I thought that the linear regression channel indicator could provide some reliable "boundaries" to the movement of price. What do you think?
@fractalflowpro
@fractalflowpro Жыл бұрын
Yes, the linear regression channel is a good tool. I'm going to talk about it in the next course. It's in the same league as the pitchfork for all sorts of reasons.
@heldim92
@heldim92 Жыл бұрын
@@fractalflowpro Thank you very much for always replying, and sorry for my delay. Where can I contact you privately? I would like to discuss about a given topic.
@TheErr0rs
@TheErr0rs 3 жыл бұрын
Which RSI periods would you recommend ?
@ehmantrautmike7148
@ehmantrautmike7148 2 жыл бұрын
14 ..apply to the close...That is what thr Inventor used...Welles Wilder
@quincyhyde8760
@quincyhyde8760 3 жыл бұрын
So good. Thank you
@jakerusiecki
@jakerusiecki Жыл бұрын
I also use Fib retracement on RSi
@scottjhicks
@scottjhicks 2 жыл бұрын
I noticed you sometimes used 4 instead of 14 when plotting the RSI. What rules do you use to determine which to use?
@scottjhicks
@scottjhicks 2 жыл бұрын
@Ferdinaho Joqchi thank you
@picardjluk6897
@picardjluk6897 Жыл бұрын
looks like weekly trading. he has 4 hour period at 4:30 video time. Shorter for spoting reversals faster. Longer for looking up trends. That would be my guess.
@santoshss3764
@santoshss3764 2 жыл бұрын
Hello sir.... Thank you sir top secrets.... 👍 Just one helping you
@ajithpai7994
@ajithpai7994 Жыл бұрын
Awsome
@josencan
@josencan 3 жыл бұрын
Is it ever possible to automate line work? Like using TICKERON AI to find some geometric patterns. Have you thought of doing that?
@fractalflowpro
@fractalflowpro 3 жыл бұрын
No, it's too complicated. It's like trying to automate the intepretation of a text.
@josencan
@josencan 3 жыл бұрын
So better to learn the language manually. Wow 10K subs. You're growing. We hope these methods don't become very popular that they stop working.
@josencan
@josencan 3 жыл бұрын
Ed, you've done videos on binary options and forex robots. How about forex signals. I don't think they're a good idea, from experience.
@parham_cripto
@parham_cripto 2 жыл бұрын
Good
@MrMilanROX
@MrMilanROX 2 жыл бұрын
brutal explanation
@Mago-
@Mago- 2 жыл бұрын
Do this also apply on stocks? Or just FOREX?
@fractalflowpro
@fractalflowpro 2 жыл бұрын
Any price chart
@sacmah6986
@sacmah6986 3 жыл бұрын
this is all in one learning
@user-ou7zw5sm9n
@user-ou7zw5sm9n 3 жыл бұрын
ничего не понял, но интересно 😂
@alirezabaabandifard7635
@alirezabaabandifard7635 Жыл бұрын
Like.
@vijayakumarmunusamy2397
@vijayakumarmunusamy2397 Жыл бұрын
❤️❤️
@maxwellpeter9940
@maxwellpeter9940 3 жыл бұрын
Cool First viewer
@jefferysmall8951
@jefferysmall8951 3 жыл бұрын
Quite simply in words, but actually - maybe not so much, everything isn't too rosy
@yamilvogeld.2385
@yamilvogeld.2385 2 жыл бұрын
OMG...
@kirangiri9062
@kirangiri9062 2 жыл бұрын
♥️♥️♥️♥️♥️
@gsjajaah
@gsjajaah 3 жыл бұрын
WILLIAM FRACTAL PLEASE 🙏
@fractalflowpro
@fractalflowpro 3 жыл бұрын
William Fractal is a terrible indicator
@gsjajaah
@gsjajaah 3 жыл бұрын
Maybe we can combine with other indikator or something like that
@tradingchannel564
@tradingchannel564 2 жыл бұрын
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
@horizonte8771
@horizonte8771 3 жыл бұрын
LIKE 1M
@maksimmaks9888
@maksimmaks9888 2 жыл бұрын
Secret number 9: if rsi is inside range of 40 to 100 it's uptrend. If in a range of 0 to 60 it's downtrend. Want more rsi secrets?
@ndembelabanda3227
@ndembelabanda3227 3 жыл бұрын
Sent you an email
@johnnyquest5727
@johnnyquest5727 3 жыл бұрын
I think your videos are truly some of the best available on youtube for traders. But . . . you seem to like to show the world how smart you are. Cool it a little. Most readers in your audience don't have the background to understand your theory on the "origin of divergence" which isn't really correct anyway. People need to know what time it is . . . not how to build a watch. Anyway, not trying to be insulting but trying to give you honest feedback. I am a subscriber and give this a Thumb Up.
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Thanks for the feedback, Johnny. I'm just trying to show the stuff that people overlook, and that necessarily means I have to talk about more complicated things. It is what it is. I'm not going to pretend this is easier than what it actually is. What do you mean the origin of divergence isn't correct? Please expand on that if you will. I get your clock analogy, but once again, this need to maintain things as simple as possible is dangerous. In the words of Einstein, we should maintain things as simple as possible, not simpler than what they can be. The need for simple solutions is a personal problem of people who are lazy thinkers. The issue is that reality doesn't care about what people think. Beyond that, I understand that you think I'm trying to show off, but I'm actually in a humble position in here. Assuming you have a simple solution to a difficult problem is the arrogant position. It presumes genius. I'm humble enough to assume that I need to deal with complexity that is a lot bigger than me.
@johnnyquest5727
@johnnyquest5727 3 жыл бұрын
​@@fractalflowpro I think the issue lies in the fact that to actually earn money trading, you need to be able to react to a stimulus. That is the same as a sniper reacts when he sees a clear shot at an intended target. Now, differing time frames may allow you more time for reflection, thought, analysis, etc, but the basics are identical. You see a target and you pull the trigger. Again, using the sniper analogy, the sniper does not need to understand the mathematics of how light, wind, barometric pressure and temperature affect the flight of the bullet. He simply needs to know what those things actually are and then adjust his sights accordingly. The best snipers in the world (some of whom were illiterate) could adjust their rifles properly but could not explain the mathematics involved. You describe divergence this way . . . "price is a non-stationary time series with variable mean and standard deviation . . . RSI is a stationary time series with constant mean and standard deviation . . . divergence is an anomaly where a non-stationary time series transforms into a stationary one." LOL No one here is going to understand that. If you were teaching this in a classroom of advanced math students, few if any would understand it either. Here, for example, is a discussion of a "stationary time series" www.asc.ohio-state.edu/de-jong.8/note1.pdf And here is a discussion of the difference between stationary and non-stationary time series www.investopedia.com/articles/trading/07/stationary.asp No retail trader needs to understand any of this to make money and what you do, honestly, is make traders feel inadequate because they DON'T understand it. Furthermore, arguments can be made about whether SELECTED price action and SELECTED RSI action is truly stationary or non-stationary. I emphasize SELECTED because we're not looking at a theoretical realm . . . as traders, we focus on specific set-ups. A much simpler way to explain divergence is to explain that indicators are a visual representation of a price formula . . . divergence is found in momentum indicators . . . momentum indicators are formulas where CURRENT PRICE is compared to the past "current prices." So in a 14-period oscillator, we compare the LAST PRICE to prices 14 periods back. As that set of 14 prices back changes, so does momentum. So if prices are mostly flat and suddenly spike upwards, so will the momentum indicator. But as prices continue to climb, the 14-period set grows in value and the difference between current price and those 14 period prices shrinks. So price climbs but the momentum indicator does not. That is all divergence is. Now, you say: "this need to maintain things as simple as possible is dangerous. In the words of Einstein, we should maintain things as simple as possible, not simpler than what they can be. The need for simple solutions is a personal problem of people who are lazy thinkers. " This is the arrogance of the academic. The academic thinks that you can't do anything without a proper academic foundation. But what traders really need is simple common sense. Watch this clip. It's perfect for this discussion kzbin.info/www/bejne/q4SvpJaAZ8iMZpY
@fractalflowpro
@fractalflowpro 3 жыл бұрын
Hello Johnny. First of all, thanks for putting the time to write this comprehensive comment. I really like when people do that. 1 - I agree with your sniper analogy. You don't necessarily have to understand all the science that surrounds what you do in order to actually do something. You don't need to be a mechanical engineer to drive a car is a similar analogy. However, you might benefit in knowing these things. For example, when your car doesn't work properly, you can understand why and how to fix it. 2 - Try to explain stationarity to people who never heard of econometrics without referring to scientific articles and you'll understand why I said what I said. You can argue that it's still too difficult to comprehend. Fair enough. Perhaps I'm not being as clear as I should. I will consider that. By the way, I'm not saying you need to understant econometrics to trade properly. I'm only saying it's useful to learn it to put other trading techniques under a different light. 3 - Your explanation of divergence, even though it's accurate, it's also not very helpful or easy to grasp for someone who just began learning about trading. 4 - Regarding the arrogance of the academic, I agree with you in part. It's obviously not useful to complicate things to an extreme degree as some academics like to do. Some even strive to be misunderstood. I get it. I also hate that. However, it's difficult to simplify certain ideas so even a child can understand. As I said, I try to assume the humble position that I need science to understand the world, and sometimes common sense is simply not enough. Strong evidence that common sense is not enough is the fact that most retail traders lose money. How is that possible? There is something that common sense is not being able to capture I'm afraid. If it's all about pragmatism and common sense, how come I don't see 20-year old millionaires all over the place? I also think that you don't need a PhD to trade, but there is a limit to how simple things can get, and the level of simplicity that most retail traders have is simply not enough (again, look at the evidence). 5 - You obviously are an educated person, so what is "common sense" to you might not be for less educated people. It's also a bit arrogant to assume nobody is going to understand what I said. Are you saying that you are the only one smart enough to understand what I say and everyone else in here is stupid? I have students from many different places and with many different levels of education. It's also ironic to talk about the difficulty of understanding something, the arrogance of academics, and then proceeding to link to scientific articles that are much more complicated than what I said. I appreciate the discussion though. Thanks.
@johnnyquest5727
@johnnyquest5727 3 жыл бұрын
@@fractalflowpro Am I saying I'm the only one smart enough to understand it? LOL I didn't say I understood it, at least not fully. What I'm saying is KNOW YOUR AUDIENCE . . . and youtube videos aren't the type of forum where people get into this type of stuff. Your ideas would best be served if they appeared in a magazine or journal that attracts the appropriate audience. My expertise was in Army weapon testing and analysis so my focus professionally and in life is trying to understand and compare. But as an analyst with a desk full of reports, I also developed a great talent for what was and was not important. A lot of contractors love to dazzle with their math and fancy charts so in that world, you need to "smell" what matters and what doesn't. I too have enjoyed the discussion. I'm seriously considering your courses and maybe we could continue it further. As far as my explanation of divergence . . . . LOL . . . if they don't understand THAT then they won't understand your analysis. Here is the bottom line: Divergence of any type is NOT . . . repeat . . . IS NOT . . . an anomaly. It is a natural result of a math formula that compares today's price to prices in the past. As Andrew Cardwell ("Dr. RSI") says . . . in strong bull/bear markets, a divergence is really a CONTINUATION SIGNAL. It is telling you that mathematically, price is stronger and will continue. So I disagree with most people's definition of a Bullish Reversal Divergence and a Bearish Reversal Divergence. It MAY . . . repeat . . . MAY . . . indicate a reversal . . . as you describe in your video . . . but it may also indicate a continuation of the trend. For a great example of that, simply refer to today's (13 May 2021) e-mini ES, 1 Min Chart. Starting at 10 EST, price made a series of higher highs while the 14 period RSI made a series of lower highs. Divergence is an alert . . . it is not your friend. I could buy a yacht with the money I lost learning that hard lesson. Yeah, really enjoyed this. I took the afternoon off to mow grass so this is a good break! Have a wonderful weekend.
@fractalflowpro
@fractalflowpro 3 жыл бұрын
@@johnnyquest5727 The bottom line is that I try to encourage people to explore things they would not explore otherwise. Have you seen the other KZbin videos about trading? It's always the same stuff. I want to show people there are other things other than technical analysis. Spark their curiosity about econometrics and other subjects. I think you got too caught up in the terminology I used. What I meant is that when you differentiate a nonstationary timeseries, you'll distort it. I know that the RSI is not a differentiated series, but if you take any series and differentiate it to transform it into a stationary one, you'll observe divergence across the peaks and troughs very much like you see in the RSI and other indicators. Beyond that, divergence is just one technique. By itself is a terrible signal just like any other individual signal. You also referred to an old debate in trading, which is the systematic versus the discretionary. From your background, I understand that you want black and white rules and simple stuff to deal with, but I'm afraid we cannot reduce a complicated problem with a simple solution. Once again, that overestimates the power of your solution to a great degree. I don't expect us to agree on this since there are good arguments for both sides and the discussion has been going on for many years. Once again, nice talking to you. Have a nice weekend.
@duypham9370
@duypham9370 2 жыл бұрын
The author has no ideas of how RSI works
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