Configuring the Stoch RSI Indicator for Trading Strategies

Correct configuration of the Stochastic RSI indicator is important to get the full benefits of both the RSI and Stochastic components. Get this wrong and the issues and problems experienced by the standard RSI will not be alleviated. In this episode, the configuration will be determined to perform research and analysis on the Stochastic RSI in MetaTrader with a comparison against standard RSI being undertaken.
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This is Episode 24 in the Darwinex 'Spotlight on Trading Indicators' Playlist: • Spotlight on Trading I...
The indicator used in the video can be found here:
www.mql5.com/e...
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[@XaviAndreu]

I got to say, one of the best tutorials I've viewed in the past few years.

[@jagulba]

Great to see you are posting more videos recently 🎉

[@JayJay-oi5cz]

You guys do great stuff! Thank you so much for sharing your knowledge here. Much appreciated

[@Darwinexchange]

Thanks for the feedback

[@alirezap88]

Waiting for the rest on this series
Thank you

[@Fzp450]

Thanks for the illustration. I compared stochastic RSI with the regular stochastic indicator and they look similar. What benefits we get from adding the RSI calculation to the stochastic?

[@neelpatel3844]

I've been using Stoch RSI for a few years with my manual trading, it's so powerful! Thanks for the video. By the way, what do you use for your backtesting? I've just started developing my algorithm, what do you use for backtesting? I'm thinking of using backtrader, is there another you recommend for someone starting out?

[@malcom777]

Nice Video!!! Is there a stochastistic indicator on Tradingview which can be configured the same way?

[@harshitkumar5080]

hello
I am From India