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

Рет қаралды 73,705

3 жыл бұрын

I will reveal my secret RSI indicator strategy for day trading and swing trading. This will help new and advanced traders that are not used to using indicators with price action.
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INSTAGRAM: Daytradingaddict
EMAIL: bigben1187@gmail.com
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Telegram group (free): t.me/realdaytradingaddict
Training videos (VIP Group)..
Trading program: tradewinprofit.podia.com/
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Disclaimer:
The information contained in this presentation is solely for educational purposes, and does not constitute investment advice. The risks of trading in securities, Forex, and the futures market can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. The instructor in this video is not responsible for any liabilities arising as a result of your Market involvement or individual trade activities.
#RSIIndicator #Daytrading
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Пікірлер: 95

@jacobmoney 3 жыл бұрын

I immediately subscribed when you said: "Price action is king". 😎

@DayTradingAddict 3 жыл бұрын

thanks brother

@euniquewatson3577 3 жыл бұрын

I've been binge-watching your videos and learning so much. Thank you..🙏🏾

@DayTradingAddict 3 жыл бұрын

You are so welcome! :)

@ahmedassadi9227 Жыл бұрын

How's it goin so far

@Blackbelt1 3 жыл бұрын

One of my 3 favorite youtubers! Big ups thank you for all the knowlege and tips and triks.

@thejourneymaninvestor6087 2 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 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 2 жыл бұрын

Underrated legit comment !!

@johnnyquest5727 10 ай бұрын

More trash. Ignore this guy too.

@nengiminakiri4577 10 ай бұрын

Nope

@edemasuquo4775 2 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.

@nigelnamaseb726 3 жыл бұрын

I always refer back to this, Great video !

@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

@seanchoksey1676 2 жыл бұрын

It hit me different when you said price action is king ♥️

@eteghebenjamin8033 Жыл бұрын

Thanks Ben, for the information...

@karbuilderssdnbhd8240 3 жыл бұрын

Great content again🙌🏼 Can you teach us how to use Volumes corresponding with the snd zone for entry?

@DayTradingAddict 3 жыл бұрын

thanks for watching.. i really dont use volume with my trading..

@yaboiyiizO 11 ай бұрын

Good stuff Ben thx again.

@getmoney5922 3 жыл бұрын

Day trading addict I'm a addict.☺️ Good content brother. 👍

@DayTradingAddict 3 жыл бұрын

thanks for watching bro!!

@parttime-teach Жыл бұрын

This video and the information u shared here - made me subscribe to ur channel. TRUTH

@TheNija13 2 жыл бұрын

Very helpful, thanks!

@user-fp9rn8wm3m Жыл бұрын

SO SO I FEEL THAT YOU SPEAK WITH YOUR HEART, THANK YOU SO MUCH YES YES

@piranhapanda6535 2 жыл бұрын

Great tips. Thanks for the help.

@DayTradingAddict 2 жыл бұрын

Glad it was helpful!

@fredrickcallahan4292 Жыл бұрын

Nice RSI breakdown DTA!

@edlego877 3 жыл бұрын

Great content thank you im Learning

@DayTradingAddict 3 жыл бұрын

Glad to hear it..

@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???

@ibraimidi3208 3 жыл бұрын

Good teacher 👍

@DayTradingAddict 3 жыл бұрын

Thank you! 😃

@krish4339 2 жыл бұрын

Thank you bro 😎

@azharsferrari 2 жыл бұрын

شكرا لكمAllah bless you ❤️

@2012turk 2 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

@monythey1294 2 жыл бұрын

Best. Thanks

@danilogoulart4690 3 жыл бұрын

Shooww your vídeos 🇧🇷👌👌

@DayTradingAddict 3 жыл бұрын

👌👌 :)

@Jcrusadr Жыл бұрын

Hey Ben, I'm not sure you really know @ divergence direction using RSI. Getting it backwards

@AKAreckles 3 жыл бұрын

Great video as always! What is actually a price action?

@AKAreckles 3 жыл бұрын

Love from Germany btw! 🇩🇪

@DayTradingAddict 3 жыл бұрын

thanks.. it when you use no indicators.. only price patterns.

@thomasneit880 2 жыл бұрын

I love your videos but this one? Looks like you have no idea how RSI hidden div works...

@RamAditya4774 2 жыл бұрын

THANK U DEAR LOVE U :)

@wddlaw 2 жыл бұрын

What systems does your indicator work with

@thousandlocks3258 3 жыл бұрын

You did that. Yes

@DayTradingAddict 3 жыл бұрын

@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 2 жыл бұрын

Scratch that, I understand now. Thank you so much for sharing your knowledge!

@kensid1 2 жыл бұрын

eye opening video.

@mauricereid9693 Жыл бұрын

Hi, What's your settings for your RSI, Thank You.

@TheSatzy6699 2 жыл бұрын

Super 👌🏻

@Sharkpriceactiontrader Жыл бұрын

its work with only indices or stock also

@karaokemusic789 3 жыл бұрын

Hey bro for this rsi indicator whats the best time frame to use?

@DayTradingAddict 3 жыл бұрын

Depends on trader. all the frame behave the same

@TheJlm2947 3 жыл бұрын

divergence is my fav setup, thanks ben

@DayTradingAddict 3 жыл бұрын

:) you are welcome.

@sujinprassanna3801 3 жыл бұрын

Does this work on 5min time frame? Or which time frame u recommend?

@DayTradingAddict 3 жыл бұрын

yes

@jaysamonte4644 2 жыл бұрын

please reveal on how you earned by live

@Ily-mx4sc 2 жыл бұрын

where is the link for your indicator pls?

@jhonjherickmaravilla9345 2 жыл бұрын

yes yes yes!!!!!!!!!!!!!!!!!!!!!!!!

@LMA7706 Жыл бұрын

I like your vids but why do you use white background? black is easier to see

@pashaj92 2 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.

@sayedzulfikarali8264 3 жыл бұрын

By what name , I have to search supply and demand indicator in tradingview?

@DayTradingAddict 3 жыл бұрын

its exclusive only for my students..

@sayedzulfikarali8264 3 жыл бұрын

@@DayTradingAddict Oohh.... Which country are you from?

@DayTradingAddict 3 жыл бұрын

@@sayedzulfikarali8264 US

@savagewild6818 Жыл бұрын

😎

@thepostman9664 3 ай бұрын

Ohhhhhh secrets !!!

@thousandlocks3258 3 жыл бұрын

EXCELLENT

@DayTradingAddict 3 жыл бұрын

Thank you! Cheers!

@john-goldjoshua5851 2 жыл бұрын

Please where's the link to get to indicators for supply a demand

@chauffeurmarco 2 жыл бұрын

🤔🧐🤨 yeah sure!

@FX_PovertyKiller 3 жыл бұрын

How can I be one of your students?

@DayTradingAddict 3 жыл бұрын

yes.. info is in the description..

@Bertlorch Жыл бұрын

At 12 minute mark you have it correct

@user-qe9hn5wi3k Жыл бұрын

@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 Жыл бұрын

@navketan1965 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?