REVEALED: The Secret RSI Indicator Trading Strategy (RSI Trading MADE EASY)

  Рет қаралды 74,475

Day Trading Addict

Day Trading Addict

Күн бұрын

Пікірлер: 95
@jacobmoney
@jacobmoney 3 жыл бұрын
I immediately subscribed when you said: "Price action is king". 😎
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
thanks brother
@thejourneymaninvestor6087
@thejourneymaninvestor6087 3 жыл бұрын
I have a few critiques here, firstly, when it comes to RSI strategies the chart and RSI periods are critical. You have your chart set to the daily time frame so that implies you are not trading intraday. In that case you should change the RSI length property to 4. Next you need to plot the 50, 100, and 200 SMA onto the chart. You need to use these 4 indicators together and watch for signs of divergence and convergence. If you see a long setup you want to ensure that the security is in an uptrend by counting the consecutive green bars (or above strong support and above MA) and you want to ensure the 4 period RSI is above 75. Lastly, before you place a trade you want to ensure that you write a pinescript backtest and the backtest demonstrates an 80%+ historical success rate.
@owuorunmasked7969
@owuorunmasked7969 2 жыл бұрын
This is for illustration purposes, and DTA is no fan of indicators anyway. If you have a better indicators combination then you should make videos to that effect instead of attempting to correct those who don't use them.
@iAM80tv
@iAM80tv 2 жыл бұрын
Underrated legit comment !!
@johnnyquest5727
@johnnyquest5727 Жыл бұрын
More trash. Ignore this guy too.
@nengiminakiri4577
@nengiminakiri4577 Жыл бұрын
Nope
@euniquewatson3577
@euniquewatson3577 3 жыл бұрын
I've been binge-watching your videos and learning so much. Thank you..🙏🏾
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
You are so welcome! :)
@ahmedassadi9227
@ahmedassadi9227 Жыл бұрын
How's it goin so far
@Blackbelt1
@Blackbelt1 3 жыл бұрын
One of my 3 favorite youtubers! Big ups thank you for all the knowlege and tips and triks.
@edemasuquo4775
@edemasuquo4775 3 жыл бұрын
I smash those likes even before watching your videos coz I trust you to deliver. I just started watching your videos yesterday evening and I ve watched well over 10 videos and back testing on live trades in crypto and the work like heaven, most especially a Demand zone coinciding with support. Thanks boss.
@seanchoksey1676
@seanchoksey1676 3 жыл бұрын
It hit me different when you said price action is king ♥️
@getmoney5922
@getmoney5922 4 жыл бұрын
Day trading addict I'm a addict.☺️ Good content brother. 👍
@DayTradingAddict
@DayTradingAddict 4 жыл бұрын
thanks for watching bro!!
@حكمةالعقل-غ5ه
@حكمةالعقل-غ5ه 2 жыл бұрын
SO SO I FEEL THAT YOU SPEAK WITH YOUR HEART, THANK YOU SO MUCH YES YES
@eteghebenjamin8033
@eteghebenjamin8033 Жыл бұрын
Thanks Ben, for the information...
@2012turk
@2012turk 3 жыл бұрын
great information... I don't use the RSI but I know there is a way to use RSI in trending market conditions which is the 20-60 & 40-80 way ... the theory goes like this ... if the market is up trending you will find the rsi oscillating between 40 and 80 and you can look for buy entries when it gets to down to 40 ... and vice versa 20-60 for down trending markets .... but of course it is better to be combined with price action and/or candlestick patterns
@yizzoManolo
@yizzoManolo Жыл бұрын
Good stuff Ben thx again.
@parttime-teach
@parttime-teach 2 жыл бұрын
This video and the information u shared here - made me subscribe to ur channel. TRUTH
@fredrickcallahan4292
@fredrickcallahan4292 Жыл бұрын
Nice RSI breakdown DTA!
@johnnorris4511
@johnnorris4511 2 жыл бұрын
THANKS... YOUR VIDEO WAS V.GOOD... MY ??? WOULD BE, IS IT BETTER TO READ THE CANDLE STICKS? BULLISH TRENDS vs. BEAREST TRENDS??? TRADE THE TREND???
@thousandlocks3258
@thousandlocks3258 4 жыл бұрын
You did that. Yes
@DayTradingAddict
@DayTradingAddict 4 жыл бұрын
:)
@nigelnamaseb726
@nigelnamaseb726 3 жыл бұрын
I always refer back to this, Great video !
@azharsferrari
@azharsferrari 2 жыл бұрын
شكرا لكمAllah bless you ❤️
@Jcrusadr
@Jcrusadr Жыл бұрын
Hey Ben, I'm not sure you really know @ divergence direction using RSI. Getting it backwards
@mauricereid9693
@mauricereid9693 Жыл бұрын
Hi, What's your settings for your RSI, Thank You.
@TheNija13
@TheNija13 2 жыл бұрын
Very helpful, thanks!
@ibraimidi3208
@ibraimidi3208 4 жыл бұрын
Good teacher 👍
@DayTradingAddict
@DayTradingAddict 4 жыл бұрын
Thank you! 😃
@piranhapanda6535
@piranhapanda6535 2 жыл бұрын
Great tips. Thanks for the help.
@DayTradingAddict
@DayTradingAddict 2 жыл бұрын
Glad it was helpful!
@kensid1
@kensid1 3 жыл бұрын
eye opening video.
@edlego877
@edlego877 3 жыл бұрын
Great content thank you im Learning
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
Glad to hear it..
@calvinmack206
@calvinmack206 3 жыл бұрын
Fantastic video!!!. Been watching your videos for a while. I know u trade on the 5 min time frame. With this video were u usi g yhe 5 min time frame? Will divergence be seen in the lower rime frames
@TheJlm2947
@TheJlm2947 3 жыл бұрын
divergence is my fav setup, thanks ben
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
:) you are welcome.
@monythey1294
@monythey1294 3 жыл бұрын
Best. Thanks
@miguelojeda9359
@miguelojeda9359 2 жыл бұрын
So if the divergence is indicating an up trend, should we assume a sell off is about to come and respectively off the divergence is showing a downward trend we should be watching for a buy opportunity?
@miguelojeda9359
@miguelojeda9359 2 жыл бұрын
Scratch that, I understand now. Thank you so much for sharing your knowledge!
@RamAditya4774
@RamAditya4774 3 жыл бұрын
THANK U DEAR LOVE U :)
@jhonjherickmaravilla9345
@jhonjherickmaravilla9345 2 жыл бұрын
yes yes yes!!!!!!!!!!!!!!!!!!!!!!!!
@krish4339
@krish4339 3 жыл бұрын
Thank you bro 😎
@karbuilderssdnbhd8240
@karbuilderssdnbhd8240 4 жыл бұрын
Great content again🙌🏼 Can you teach us how to use Volumes corresponding with the snd zone for entry?
@DayTradingAddict
@DayTradingAddict 4 жыл бұрын
thanks for watching.. i really dont use volume with my trading..
@AKAreckles
@AKAreckles 3 жыл бұрын
Great video as always! What is actually a price action?
@AKAreckles
@AKAreckles 3 жыл бұрын
Love from Germany btw! 🇩🇪
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
thanks.. it when you use no indicators.. only price patterns.
@madhavas.8103
@madhavas.8103 2 жыл бұрын
damn your strategy is sooo legit
@DayTradingAddict
@DayTradingAddict 2 жыл бұрын
thanks!
@Sharkpriceactiontrader
@Sharkpriceactiontrader 2 жыл бұрын
its work with only indices or stock also
@LMA7706
@LMA7706 2 жыл бұрын
I like your vids but why do you use white background? black is easier to see
@thepostman9664
@thepostman9664 7 ай бұрын
Ohhhhhh secrets !!!
@TheSatzy6699
@TheSatzy6699 3 жыл бұрын
Super 👌🏻
@danilozulu
@danilozulu 4 жыл бұрын
Shooww your vídeos 🇧🇷👌👌
@DayTradingAddict
@DayTradingAddict 4 жыл бұрын
👌👌 :)
@pashaj92
@pashaj92 3 жыл бұрын
I think that you have to watch a few other videos from other people on RSI & divergence, before you can understand what is going on in this video.
@karaokemusic789
@karaokemusic789 3 жыл бұрын
Hey bro for this rsi indicator whats the best time frame to use?
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
Depends on trader. all the frame behave the same
@savagewild6818
@savagewild6818 Жыл бұрын
😎
@jaysamonte4644
@jaysamonte4644 3 жыл бұрын
please reveal on how you earned by live
@wddlaw
@wddlaw 2 жыл бұрын
What systems does your indicator work with
@chauffeurmarco
@chauffeurmarco 3 жыл бұрын
🤔🧐🤨 yeah sure!
@sayedzulfikarali8264
@sayedzulfikarali8264 3 жыл бұрын
By what name , I have to search supply and demand indicator in tradingview?
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
its exclusive only for my students..
@sayedzulfikarali8264
@sayedzulfikarali8264 3 жыл бұрын
@@DayTradingAddict Oohh.... Which country are you from?
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
@@sayedzulfikarali8264 US
@sujinprassanna3801
@sujinprassanna3801 3 жыл бұрын
Does this work on 5min time frame? Or which time frame u recommend?
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
yes
@thomasneit880
@thomasneit880 2 жыл бұрын
I love your videos but this one? Looks like you have no idea how RSI hidden div works...
@Bertlorch
@Bertlorch Жыл бұрын
At 12 minute mark you have it correct
@user-qe9hn5wi3k
@user-qe9hn5wi3k Жыл бұрын
.
@Ily-mx4sc
@Ily-mx4sc 2 жыл бұрын
where is the link for your indicator pls?
@navketan1965
@navketan1965 2 жыл бұрын
Trend on 4H chart is the best trend guide for majority of forex traders( if one keeps trades for 2-5 days. By the time trader realizes that trend on daily chart is up, market has already gone up about 3-5 days & if you ask supercomputer for the mathematical odds, computer tells you that odds are negative right from the start. Another reason is that trend on 1H chart can flip on A dime & your money is gone.Trend based on the last 5-10,four hourly candles has enough players behind it so that it would not flip on A dime, so trader has decent chance to make something without buying overpriced merchandise. Entry is on 15M price action. Seek your wisdom?
@FX_PovertyKiller
@FX_PovertyKiller 3 жыл бұрын
How can I be one of your students?
@DayTradingAddict
@DayTradingAddict 3 жыл бұрын
yes.. info is in the description..
@Bertlorch
@Bertlorch Жыл бұрын
At the 9-minute mark of your video the divergence you show isn't correct. When RSI makes a higher high when the price makes a lower high its bullish, not bearish. I check a few times with different traders Wysetrade explains perfectly.
@user-qe9hn5wi3k
@user-qe9hn5wi3k Жыл бұрын
.
@thousandlocks3258
@thousandlocks3258 4 жыл бұрын
EXCELLENT
@DayTradingAddict
@DayTradingAddict 4 жыл бұрын
Thank you! Cheers!
@john-goldjoshua5851
@john-goldjoshua5851 2 жыл бұрын
Please where's the link to get to indicators for supply a demand
@muhammedakber8366
@muhammedakber8366 2 жыл бұрын
Wrong brother describe divergence
@antonioakononguema4603
@antonioakononguema4603 3 жыл бұрын
this video is not clear
@kenstewart212
@kenstewart212 3 жыл бұрын
The obnoxious beef consquentially spill because crawdad positionally trick toward a overrated help. odd, quaint rod
@Sunny-cm4wk
@Sunny-cm4wk 2 жыл бұрын
Sugar coat
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