Beginner Guide to the RSI Indicator

[@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 🤑

[@MrPangulo007]

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

[@tunim4354]

😁👍🏼

[@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

[@cheesy888au]

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

[@kenbridgeman8590]

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

[@GianniGirolamiJiening]

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

[@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.

[@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?

[@alexs555]

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

[@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.

[@abhishelke123]

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

[@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.

[@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

[@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!

[@hashemfathi1646]

Thank you for putting your videos without any stupied commercials

[@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.

[@crazyyutober1150]

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

[@bakr0x]

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

[@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

[@PonteRyuurui]

this channel is pure gold

[@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.

[@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.

[@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.

[@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..

[@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.

[@MrMichaelBPedersen]

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

[@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.

[@stevenpaul4394]

Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it

[@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

[@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.

[@PeterDful]

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

[@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.

[@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!

[@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

[@nerdkeyboard]

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

[@janweidenbach4208]

Understanding the concept of crypto is of great importance. Many had ventured into it blindly and today crying foul.

[@jessicawiley3136]

Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?

[@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

[@TH120455]

Excellent as usual. thanks

[@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...

[@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.

[@RajendranChinnaveeran]

Very simple way clearly explained about RSI. Thanks.

[@himynameisjc91]

This video was very helpful. Thanks

[@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).

[@jo8422]

Nicely and calmly explained

[@tmlpgm]

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

[@climberly]

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

[@ImChickenLittle]

The Correct formula Rsi = 100 - [ 100/ (rs + 1)]

[@awaken8282]

Thanks, easy to understand

[@Storytelling35]

Thanks mixed with three ema and ema right now just starting out

[@salehmir9205]

finally someone explained the formula understandable for humans

[@samsaleh3447]

Excellent explanation of RSI 👍🏻

[@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!

[@thesidehustlecrew6533]

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

[@D215293]

Excellent Video, very helpful

[@ScottWilder]

Great explanation of bullish and bearish divergence.

[@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,

[@deborahshields5555]

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

[@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.

[@MrMathsimon]

You explain things so easily. Subscribed!

[@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

[@rachelclements1555]

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

[@itzradianttv7536]

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

[@chrisjones2625]

Thanks, very helpful

[@theguynextdoor3735]

Very informative for a very very noob like me. Thanks

[@SaltwaterOutlaw]

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

[@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 :) ;)

[@vivrd]

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

[@peruzfinest07]

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

[@r_m5545]

Thanks a lot sir for this informative video..

[@RanaWinckler]

Your work is just incredible! Thank you for it

[@MrMarcoAlvarado]

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

[@ahhmrbond]

Really fantastic video yet again. Thank you.

[@hemrajgusaiwalgusaiwal4803]

Yes

[@BillyReedMusic]

Thanks, David! Great info!

[@marekboguszewiczPM]

Very well presented , I’ve worked in trading floors myself to more in trading systems technology management, but have to say very precise and clear ...

[@Flanknodger]

Thanks. I was able to easily follow your explanation.

[@divinesamadhi6039]

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

[@bridges174]

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

[@emilybird9761]

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

[@lu8364]

Thank you! I like using RSI too.

[@johnnymodeste7439]

Very true patience is key.

[@ZukeTiki]

Used with the mac d this is unbeatable..!!!!!!!

[@alimertaydn1699]

Thank you very explaining better and made easier

[@masudulalam4855]

Thanks, subscribed. From Bangladesh

[@mentormuller8929]

Thanks for this simple explanation!

[@MFXCenter786]

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

[@muchixl2427]

Simply put! Thank you!

[@rohitrambo555]

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

[@joshuajohnson9223]

Thanks for a simple explanation.

[@aldiwibowo8011]

Thank you very much for all hard work you do! I gain a lot from watching your channel. If I can suggest, please make more video about other indicators (e.g. ADX, William%, CCI, Parabolic SAR, etc). Thank you again!

[@paulbarker5635]

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

[@PerfumeVibe]

Nice explanation, thank you sir ❤

[@WheelerRickRambles]

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

[@aspencouloir761]

Simple and very helpful, thanks!