Understanding the RSI indicator and trading strategies based on it : The best explanation ever !

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Күн бұрын

Understanding the RSI indicator and trading strategies based on it: The best explanation ever !
#RSI #Askdefinedge #trading #Rzone #Tradepoint #definedgesecurities
Dear viewers, we are pleased to present you with another exciting video by Prashant Shah. There was a question on #askdefinedge regarding trading strategies using the RSI indicator. After watching this video, you will not require any further explanation of RSI. You will gain a new perspective on designing trading strategies using RSI or any other indicator.
Key Takeaways from this video -
0:00 - What exactly is RSI and the logic behind it?
1:21 - The concept of RSI?
3:07 - A Practical example.
7:50 - The concept of overbought, oversold, bearish & bullish RSI
11:48 - Positive and Negative crossover
12:19 - Strategies using RSI
19:05 - Various Types of RSI indicators
21:41 - Advantages of Noiseless RSI
22:20 - Back Testing RSI on RZONE and Advantages after calculating - Success ratio, Risk Reward, Expectancy, Average Return per trade etc.
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Prashant sir is using Zone and Tradepoint along with RZONE which is our Unique platform for Technical Scanners & Backtesting. zone.definedgesecurities.com/ www.definedgesecurities.com/p... www.definedgesecurities.com/p...
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You can access Prashant sir's Book - "Outperforming the Markets using Relative Strength And Breadth analysis: With live market data, Examples and Unique techniques" on SHELF for free if you have a Demat account with Definedge securities - shelf.definedgesecurities.com...
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More Videos on RSI by Prashant Shah -
RSI Indicator को देखने का एक नया तरीका | Noiseless RSI | Definedge | Prashant Shah
• RSI Indicator को देखने...
RSI & Price मे Divergence का मतलब क्या होता है. अपने Indicator को ठीक से जानना जरुरी है|
• RSI & Price मे Diverge...
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You can check out more videos by Prashant Shah - You, Me & Relative Strength - A session by Prashant Shah in #DECMA22 | Definedge |
• You, Me & Relative Str...
Trading Strategy बनाइये बिना Coding सीखें Rzone के साथ और जानिए कौनसा Strategy बेहतर है • Trading Strategy बनाइय...
Learn Trading with Renko charts (Hindi) | Definedge | Noiseless Charts
• Learn Trading with Ren...
A different way of trading the markets, Learn Point & Figure charts from basics (Hindi) - Part 2 • A different way of tra...
A different way of trading the markets, Learn Point & Figure charts from basics (Hindi) - Part 1 • A different way of tra...
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To learn more about #RSI and similar concepts you can attend Market Pathshala and Traders Nest programs which are conducted by our team regularly.
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Disclaimer: -
● Futures, stocks & options trading involves substantial risk of loss & is not suitable for every investor
● Past results are no indication of future performance
● All trading strategies are used at your own risk
● None of the content shown here constitutes a recommendation
● Please do your due diligence before taking any trade
#RSI #Askdefinedge #trading #Rzone #tradepoint

Пікірлер: 53

@fenillotiya897 4 ай бұрын

Really great knowledge sharing from Prashant sir Thank you so much for sharing knowledge

@RakeshKumar-zc8uq Ай бұрын

Great Learning. Excellent explanation. Shown a new path towards success . Fan of yours sir.

@rushikeshmane2736 Жыл бұрын

It is great approach that trader should think on their own

@amin6261 Жыл бұрын

super hit sirji. thanks for sharing your valueable knowledge with us will try to read bar chart without RSI thanks again 🙏🙏

@Definedge Жыл бұрын

Dear Amin, Glad you liked the video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@rushikeshmane2736 Жыл бұрын

Sir you are sharing precious knowledge for free

@Definedge Жыл бұрын

Dear Sir, Glad you liked the video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@jatinrathod538 Жыл бұрын

Jabarjast knowledge gained in all videos..all time favourite.. thanks sir

@Definedge Жыл бұрын

Dear Jatin rathod sir, Thank you for your kind words. Customer service has been our top priority and we are happy we met the mark. Warm Regards, #TeamDefinedge

@rajuchikhale874 Жыл бұрын

Awesome Prashant bhai...... Very detailed session on RSI🙏🙏

@Definedge Жыл бұрын

Dear sir, Glad you liked the video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@devenshah4709 Жыл бұрын

Super explanation

@Definedge Жыл бұрын

Dear Sir, Glad you liked the video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@bixin1164 Жыл бұрын

Sir, my gratitude to you for all you have done, which I will never forget. I truly appreciate you. I enjoyed every minute of your vdo lecture. You made this easy to understand

@Definedge Жыл бұрын

Dear Shantanu Kale sir, Thank you for your kind words. Customer service has been our top priority and we are happy we met the mark. Warm Regards, #TeamDefinedge

@n1b849 Жыл бұрын

very nicely explained. Thank you

@Definedge Жыл бұрын

Dear N1 B, Glad you liked the video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@rajeshreddy1018 8 ай бұрын

Dhanyabad 🙏 for explanation

@Definedge 7 ай бұрын

Dear Sir, Glad you liked the Video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@jayjadwani Жыл бұрын

Perfectly explained, now understand RSI properly, thanks

@Definedge Жыл бұрын

Dear Sir, Glad you liked the video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@rchawla111 3 ай бұрын

One of the Best Explanations on RSI ✨

@Definedge 3 ай бұрын

Dear Sir/Madam, Thank you for your appreciation. Best Regards, Team Definedge

@sallianz11 Жыл бұрын

simply superb. Thanks for making it so simple. This is a very under-rated channel.

@Definedge Жыл бұрын

Dear Sandeep S sir, Thank you for your kind words and appreciation of our videos! Our goal is to educate and help as many people as possible. We appreciate your support and we're happy to hear that you've gained valuable insights from our content. As a small team, we put a lot of heart and effort into creating informative and engaging videos, and your appreciation is truly rewarding. If you have friends or colleagues who might find our videos helpful, we would be incredibly grateful if you could share them. We'd love it if you could share our videos with others who might find them helpful. Thanks for your support! Warm Regards, #TeamDefinedge

@sbhagtani Жыл бұрын

Jump or fall in RSI by 7-8 pts in a day .how to run this query in trade point? Can you help in making this query? Finding Jump in RSI or fall in RSI in normal chart is equivalent to finding anchor column in PF chart.

@girishjadhav7584 11 ай бұрын

Really love the way you explained RSI.. THANKS SIR

@Definedge 11 ай бұрын

Dear Sir, Glad you liked the video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@scaninfinity7817 4 ай бұрын

Bhut Achchha yhi to Janna rhta sab sirf strategy btate bhut kam log mathematical explanation dete

@bapunkumarhansdah 2 ай бұрын

Extraordinary explain ❤❤❤❤❤

@Definedge 2 ай бұрын

Dear Sir/Madam, Thank you for your appreciation. Best Regards, Team Definedge

@pankajsabhaya 9 ай бұрын

This is clearly pro content and we are getting it for free. Thanks.

@Definedge 9 ай бұрын

Dear Sir, Glad you liked the Video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@hdvvaishnav9731 Жыл бұрын

thank you sir, hoping next video on price n volume.

@Definedge Жыл бұрын

Dear sir, Thank you sir. We have noted your suggestion. Warm Regards, #TeamDefinedge

@prashantjv1 Жыл бұрын

Though late to see this video but as usual best video & someday i wish to learn from you from zero....thanks again for such videos

@Definedge Жыл бұрын

Dear Sir, Glad you liked the video. Thank you for your kind words. Warm Regards, #TeamDefinedge

@asutoshpanda2292 Жыл бұрын

#Askdefinedge Dear Sir, Make a video on RENKO with RSI.

@Definedge Жыл бұрын

Dear sir, Thank you sir. We have noted your suggestion. Warm Regards, #TeamDefinedge

@bixin1164 Жыл бұрын

Want 2 join Definedge platform but bit scared due to its price tag

@Definedge Жыл бұрын

Dear Shantanu Kale sir, Most of the products and features are available for free after you open a Demat account with Definedge Securities. For Pro versions, the subscription cost has also been reduced considerably, The amount you pay for subscription will be added to your Definedge Securities wallet and can be redeemed against your brokerage. We are trying our best to make these products available to all retailers Warm Regards, #TeamDefinedge

@bixin1164 Жыл бұрын

@@Definedge sir thanks for response. Honestly I am Zerodha subscriber. When Definedge securities started functioning, I called your help line and asked comparison between Zerodha and Definedge platform. I was told that they have zero information about Zerodha. So my question was declned. I then curiously asked them about whether trade point web is part of definedge platform? Again your helpline failed to answer. I am not at all complaining. Kindly make detail VDO on it.

@ganesh0867 Жыл бұрын

Prashant sir please explain in this concept in English too. thank you

@Definedge Жыл бұрын

Dear ganesh a, Your suggestion has been noted. Thank you for showing interest. Warm Regards, #TeamDefinedge

@lovejot5420 6 ай бұрын

Sir ye p&f chart kaisse dikhain

@virenshah4997 Жыл бұрын

Kindly give strategy on Rsi plotting on Renko charts

@Definedge Жыл бұрын

Dear sir, Thank you sir. We have noted your suggestion. Warm Regards, #TeamDefinedge

@TheJavacGCC Жыл бұрын

#AskDefinedge life is too short to learn all the indicators, sir, please share your top 5 favourite indicators on any market conditions

@Definedge Жыл бұрын

Dear TheJavaGCC, Thank you sir. We have noted your suggestion. Warm Regards, #TeamDefinedge

@kumar_Rajesh Жыл бұрын

Please suggest some good books for technical and options analysis......

@Definedge Жыл бұрын

Dear Sir, You can refer to multiple books on shelf.definedgesecurities.com/ our e-learning portal for trading and investment. All the books on Shelf are free to access if you have a Demat account with Definedge Securities. signup.definedgesecurities.com/ Warm Regards, #TeamDefinedge

@Bhaskarmorem Жыл бұрын

point figure trading softwear monthly charg ?

@Definedge Жыл бұрын

Dear Bhaskar Morem Sir, We are using our proprietary software TradePoint Desktop Trading Terminal. It is an advanced charting platform that offers a wide range of charting tools. Real-time bar, candlestick, P&F, Renko, Line-break, Kagi, Heikin-ashi, Ratio, Relative Strength, Straddle, Strangle, PCR & Multi-leg charts with unlimited tools and indicators. Innovative studies on each charting type. You can access Tradepoint for free after you open a Demat account with Definedge Securities. TradePoint terminal has a pro version as well. Subscription prices for the Pro section have been drastically reduced. The subscription fee is adjusted against your brokerage. To know more please visit www.definedgesecurities.com/products/tradepoint/ or You can call our customer support on 020-61923200 they will be more then glad to assist you. Warm Regards, #TeamDefinedge