What is Rsi Indicator What Is the Relative Strength Index (RSI)?
The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overvalued or undervalued conditions in the price of that security.
The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100. The indicator was developed by J. Welles Wilder Jr. and introduced in his seminal 1978 book, New Concepts in Technical Trading Systems.
In addition to identifying overbought and oversold securities, the RSI can also indicate securities that may be primed for a trend reversal or a corrective pullback in price. It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition.
Relative Strength Index (RSI)
Advanced Divergence Trading"Welcome to SkyTradingZone "
Hello Everyone 👋
Video Information -
Hello , Everyone lets start the Journey of Advanced Divergence Trading
In this video, we are going to look at divergence.
What is divergence?
Divergence is basically
when the market is creating
higher highs and higher lows, and
the RSI is creating the opposite.
(Divergence can happen in
both downtrends and uptrends.)
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Q What divergence does, it's basically
telling you that the trend is weakening.
This is in a downtrend, and the RSI,
the divergence, is basically telling you
that this downtrend is weakening and
there could be a possible reversal soon.
So normally when divergence
is happening, you normally see
The market creates basically a curve.
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Structure is always key
It doesn't matter the strategy
you use, structure is always key.
So what you want to see is that
breaker structure to say that the trend
is changing because structure changed.
Note- Normal Tip From our side try to learn Liquidity and order block
HCL tech multi timeframe analysis for swing trading in hindiHCL tech multi timeframe analysis for swing trading in hindi
in this video i have shown, 15 minutes & daily chart analysis of HCL tech.
and trade setup for next day 08/08/2022.
you will get idea of where to short sell & where to put stop loss.
i have shown practical use of reversal pattern such as triple top, H&S, double top & rising wages pattern.
i have also discussed about trendline, RSI diveregence & wyckoff method in real life example.
basically i have shown, how to use technical analysis in real life.
video is in hindi language.
if you like or found useful, kindly like, subscribe & share.
Disclaimer: only for learning, not trading tip. trade at your own risk.
Hindi description:
Swing trading k liye HCL tech ka multi timeframe analyis.
maine is video me bataya hai k kaise trendline,reversal pattern aur RSI ka istemal real life me kaise kiya jata hai.
is video me aap sikhenge ki double top/ triple top/ H&S ko kaise real chart par mark kiya jata.
is video se aap technical analysis ko sahi tarike se use karna sikhenge.
disclaimer: yah keval learning k liye banaya aur share kiya gaya hai, trade apne risk par kare
Natural Gas (MCX) : 7.50 % Future returnsNatural Gas (MCX) : 7.50 % returns at 11.30am 24.02.2022 HOW ???
1.Trend line Breakout
2.Above SMA 200 support
3.RSI 50 Support.
4.100% PURE Price action .
5.simple setup
You know 1 lot = 1250 /-
25 rupees changed(7.50% future returns)
=25*1250= 31250/-
1 lot future returns.
Ninja Intraday Scalping in BankNifty 15 Nov 2021Ninja Intraday Scalping in Bank Nifty 15 Nov 2021 (pull back method), added few advanced concepts today for the basic version of our strategy!
145 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks
Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length.
Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward.
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
Ninja Intraday Scalping in Bank Nifty 9 Nov 2021(Hindi Language)Ninja Intraday Scalping in Bank Nifty 9 Nov 2021 (pull back method), 380 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks
Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length.
Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward.
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
Ninja Intraday Scalping in Bank Nifty 8 Nov 2021Ninja Intraday Scalping in Bank Nifty 8 Nov 2021 (pull back method), 140 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks
Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length.
Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward.
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
#1 RSI(Relative Strength Index)100%Work# WE WILL MAKE ONLY PROFIT
#The relative strength index (RSI) is a popular momentum oscillator developed in 1978. The RSI provides technical traders with signals about bullish and bearish price momentum, and it is often plotted beneath the graph of an asset's price.
#What Does the RSI Tell You?
The primary trend of the stock or asset is an important tool in making sure the indicator’s readings are properly understood. For example, well-known market technician Constance Brown, CMT, has promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30% and that an overbought reading on the RSI during a downtrend is much lower than the 70% level.1
As you can see in the following chart, during a downtrend, the RSI would peak near the 50% level rather than 70%, which could be used by investors to more reliably signal bearish conditions. Many investors will apply a horizontal trendline between 30% and 70% levels when a strong trend is in place to better identify extremes. Modifying overbought or oversold levels when the price of a stock or asset is in a long-term horizontal channel is usually unnecessary.
A related concept to using overbought or oversold levels appropriate to the trend is to focus on trade signals and techniques that conform to the trend. In other words, using bullish signals when the price is in a bullish trend and bearish signals when a stock is in a bearish trend will help to avoid the many false alarms that the RSI can generate.
#Example of RSI Swing Rejections
Another trading technique examines the RSI’s behavior when it is reemerging from overbought or oversold territory. This signal is called a bullish “swing rejection” and has four parts:
1. The RSI falls into oversold territory.
2. The RSI crosses back above 30%.
3. The RSI forms another dip without crossing back into oversold territory.
4. The RSI then breaks its most recent high.
As you can see in the following chart, the RSI indicator was oversold, broke up through 30% and formed the rejection low that triggered the signal when it bounced higher. Using the RSI in this way is very similar to drawing trend lines on a price chart.
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BEST TRADING STRATEGY ON TRADING VIEW BIND BACK TESTEDThis video is about blind testing the world's best script on TV and see if it still generates the net profit of 4000-15000% of net profit in just 1.5 years . This means 40 to 150 times of initial investment in just 1.5 years. You can ofcourse deduct the fee/commission part of platforms and some more but still, this is too much. What I have done here is developed a pine script which when I applied to any market pair on cryptocurrency market generates staggering profits in just 1.5 years. Today, to make it purely blind I have used a mobile application to generate random numbers first and then with that number I select the market pair and apply my script to see the back testing results. Results are still the same as we saw in my first video about the script. Also, I discussed various ways people can take advantage of the script. People can either buy it and apply it own their own on any number of charts on any market and generate signals/calls for trading automatically or they can chose to go for Copy Trading Service where they don't have to do anything but just subscribe to my Copy Trading Services and grow with me and relax while my script does the job for both of us. For details you can message me or email me.