Why Traders Are Switching From RSI To This Powerful Indicator

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  • Опубліковано 12 чер 2024
  • The RSI is a well-known tool for spotting overbought and oversold levels. Yet, it often falls short when prices continue to climb or dip without reversing. Enter the Trending RSI, an innovative twist that integrates trend data, transforming it into a centered oscillator with dynamic bands. 🌟
    In this video, we dive deep into how the Trending RSI works and how it overcomes the limitations of the traditional RSI. We'll walk through setting it up on TradingView, explain its unique features, and demonstrate its application with real trading examples. Whether you're looking to catch the next bullish surge or ride a bearish wave, this advanced indicator could be your new secret weapon! 🚀
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    PineTrades Custom Indicator: bit.ly/pinetrades
    -
    Sign up to Hankotrade: bit.ly/3UTESNe
    Hankotrade's discord: bit.ly/3JzzMRg
    ✅ Lowest commission in the market!
    ✅ Low spreads starting from 0.0 pips!
    ✅ Up To 500x Leverage
    ✅ 100% deposit bonus, up to $25k!
    ✅ Excellent customer service
    -
    Backtesting Website I Use: www.traderedge.app/?via=pinet...
    Chart Analysis Platform: www.tradingview.com/?aff_id=1...
    Where I get my music: bit.ly/3IwsOMm
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    DISCLAIMER
    The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Forex and crypto trading is highly speculative and risky. It is only suitable for those people who understand, and are willing to take on, the financial and other risks involved, and who have the resources to withstand losses that may be significantly greater than any deposits you have made.
    #hankotrade #tradingview #3XGains #tradingstrategy #TradingIndicator #TrendTrading #buysellindicator #SwingFailurePattern #TechnicalAnalysis #TradingStrategy

КОМЕНТАРІ • 9

  • @pinetrades
    @pinetrades  12 днів тому

    Sign up to Hankotrade: bit.ly/3UTESNe
    Hankotrade's discord: bit.ly/3JzzMRg
    ✅ Lowest commission in the market!
    ✅ Low spreads starting from 0.0 pips!
    ✅ Up To 500x Leverage
    ✅ 100% deposit bonus, up to $25k!
    ✅ Excellent customer service

  • @pinetrades
    @pinetrades  12 днів тому

    PineTrades Custom Indicator: bit.ly/pinetrades

  • @Shahwaizk41
    @Shahwaizk41 12 днів тому +1

    Understabable video, there are a lot of good indicators out there, but it is mainly
    -the trader that determines just how well an indicator actually works, and in which market condition
    -some indicators are good for a trending market, while some are good for corrections, but there is no denying they are all useful tools to a trader
    -but rather to an experienced trader, as a beginner trader wouldn't know how to use them effectively
    constant learning and improving makes for a better trader

  • @ArtexStudios
    @ArtexStudios 12 днів тому

    Market Structure Algo is a simple Donchian Channel with length 30.

  • @binujikeerthiwardena9367
    @binujikeerthiwardena9367 8 днів тому

    I'm scalping using Bollinger bands, stochastics, and RSI in my The5ers prop challenge.

    • @govy_
      @govy_ 5 днів тому

      How?

  • @alphatechnicals-m1414
    @alphatechnicals-m1414 11 днів тому +2

    Too complicated, appreciate your efforts thanks

  • @SvenDilbenz
    @SvenDilbenz 11 днів тому