I watched hundreds of videos about RSI - THIS IS THE ONLY RSI VIDEO completely changed my overall view of RSI - THANK you for sharing this awesome info !
The best way to trade the RSI is to put a 20 period sma overlay on the RSI. Your buying when it's above the 20 sma and selling when it below the 20. It's great for exits letting you get everything out of a move with not much draw down when it moves against your position.
Whenever someone says "this is the best way" to do anything, the natural question is "how do you know?" In trading, objective analysis beats subjective every day of the week.
It was great to see a professional's take on rsi from both Garrett and Jeff. For me personally i do use the default settings so that more potential opportunities arise and im at least paying attention to price action in overbought or oversold conditions. On top of multiple time frames, I also combine volume, momentum and price action to help me better confirm the right side of the v. Because i trade high beta though im also looking for additional confirmations in future charts or spy / qqq. One last thing that helps my better trades is spotting bullish or bearish divergences using rsi. Where i have a tough time though using this tool is on trend days but trying to work through that. This video was right up my alley. Big thanks SMB, as always!
on trend days..looking intra day esp.. just over 50 under 50..relative strengh. over 50 on a uptrend GOODD. does not mean we have to pull back, vis vera to the down side. hope that helps and i am NOT a professional but i think hearing things give people ideas etc. cheers
@@justinbridgez I appreciate the feedback. One of the things that helps keep me grounded is the macro news and economic calendar. Being aware of this at least gives me some idea on what potential news could possibly cause the market to trend one way or the other. Especially if we break out of a range and rsi isn't helping me identify reversals unlike if we were rangebound.
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.
Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.
Great video, thank you! Whenever I'm looking to understand how to use an indicator or a new setup I always come to SMB videos first. Very professional.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them..
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
I use the RSI with its moving average and the DMI to catch momentum in price action. The RSI's moving average is really powerful at catching change in character I don't go long if the RSI is not above its MA and vice and versa.
Great video. Thank you for making it simple to understand. I also appreciate that you give credit to Brian Shannon for the “level of interest” using VWAP
Always amazed when I hear indicators don't work, properly defining/understanding there use is how they work. Important to understand there failings and how to sort those out. There are more great ways to use the rsi indicator for trades. Thanks for sharing .. overbought and oversold can last the entire time your on the sidelines watching for a turn.
I've read alot of RSI and watched many videos. This is the single most important video I've watched on the topic. The penny has really dropped. I can't wait to get on charts and try this method. Thanks for sharing!
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far
It took me two years to figure out how to really use the RSI. Every video I ever found about it didn’t dig deep because the UA-camrs didn’t really know. I wish you guys made this video 2 years ago. At least the new people won’t have to figure it out on their own
You can use different periods for RSI as well. Well known example is Connor's method, where he uses RSI of two periods. Also, in addition to using multiple time frames, you can use RSI of multiple periods. For example, if both weekly RSI(2) and RSI(14) is overbought the probability of a pullback is higher. In addition, if daily RSIs show the same you have your setup.
Oh for god's sake - did you have to say that! lol I've been trading my own money that way for years and never seen it mentioned until now! I thought I was a genius discovering it back in 2009, but there must be hundreds of thousands others that use it that way too
The information you just shared is priceless! I get it now, I must practice this technique. I'm also at the macd to go along with my volume indicator to use all three confluences to see how this works!
Simply using different lengths has the same effect as checking the different timeframes. If you apply a length of 10 to the one hour chart, a length of 20 is the same line on the 30 minute chart. It's math, so that's a fairly simple approach you can use to save time.
expertie discussing indicators,..common bro,.. I am fond of this indicator,..I am happy that succesful trader like you all uses RSI like us,..getting confidence to continue using this indicator,..
11:52 Well informative video. I love the insight you provided on taking the trade the moment you see the set up. I was always concerned myself whether I wait for the day to close.
RSI changed my life forever!!!! Now im profitable !!!! I use it combined with its 20d Moving Average.... I do opttions and i use RSI to signal the best momentum posible to enter so my contracts scape the break even zone quickly and i can place a closser stop loss....it works like a charm
@@MichaelSmith-dj9fj i use 3 MacD histograms 1, 5 , 10 min. On the 1 min chart i use 20 and 50 Simple Moving Averages, RSI with its 20d average The strategy is ride 5min McD histogram reversals ... Thats it
Has anyone else noticed that it seems like Jeff and Garrett are constantly on the verge of laughing but keeping an almost straight face? 😂 (probably because filming these types of videos is a funny and maybe awkward experience)
CDIO was a great trade for me too. In at 0.41then trimmed 25% at 0.63, then 25% at 0.81 and a trailing stop of 12% which was 1 ATR that triggered at $1.25 for the last 50% of my shares. 2.41x profit at the end of the trade
@@borntodoit8744 All I care about is what makes sense to me. Trading is different for everyone. I use 0 indicators except for a moving average for direction and ATR for stop loss/trailing stop sometimes. By not using indicators I have lost less money and made more money. All I can speak for is myself though after almost 4 years. Once you focus on your setups and develop a system that makes sense to you and your personality then you'll make a profit. No one will coddle you in this field and hold your hand. If this is your mindset then I suggest investing in broad market index funds and finding another hobby. Your bank account and sanity will thank you for it 🙂
Great video SMB, thank you! for the detailed breakdown. We’re talking numbers, we’re talking real actionable, trades here. I’m wondering, what do you guys think about RSI moving average crossovers? For indexes or futures etc.
On EJH, also, the candlestick itself (was adding to the confirmation of potential oversold), namely, the candlestick was a doji/hammer...which when seeing at the end of a downtrend, gives a strong likelihood of an impending reversal.
awesome video and thank you for sharing. have been consuming your videos for the past weeks and have learned so much more than all the other books and videos. Please continue to share great contents like this, and i will work on getting better everyday by implementing what i learn from you guys.
there's a very funny thing that I saw with many trading people shilling some advices, they all forget the macro events happening on the curves, like the context ( for ex whales manipulating the market and siphonning liquidity out of the retail on a stock) and only focus on the micro (rsi indicators for ex) without considering interpreting them differently given the situation, that's surprising to me
Leveraging the RSI as a filtering tool is a clever strategy, providing a succinct snapshot of the strength or weakness of stocks. When you integrate the directional movement of the overall market, it becomes a potent combination, adding another layer of power to your analysis.
Also helps identify the peripheral edge of price, so to speak. You need a way to stop being a piggy in the middle, this tool may help. Remember in trends this doesn't oscillate equally. Thank you SMB
Thanks! At 16:08 when you are looking for the break of the candle, is it important to look at 5-min chart? Or is it okay to wait for the break at 1-min chart? Sometimes with volatile stocks when we wait for the 5-min chart to break above a level it gets a bit too late to enter at a good price. What's your suggestion?
What are the best integrated platforms to trade? I currently trade using Robinhood but I am considering moving to tradingview and use a broker like webull. Any suggestion? I do not want to pay for commission
As always great video from SMB. I like scalping with a one minute candle. Should I use the 5 or 15 minute candle to compare the RSI results? Using the RSI scan on Think or Swim, what is the best time frame for scalping?
When looking at RSI on lower time frames such as 1,5,15min 1hr do you include premarket trading? Because i know RSI can read differently with or without premarket showing on chart. Thanks!
Very informative. Thank you Gentlemen. Question. Would you use pre market action to help you with open position or, do you agree with many who discount pre citing, it is too "manipulated". Thanks for your time.
i know you asked them, but open postions? like already open? and im assuming stock? if futures i could see maybe but again you asked them not me..but i would lean tords with the "many". pre shouldnt have that big of an impact on your trade where you would need it..i would think. pre and post is only so long and light volume.
Very informative video. I don't think I ever heard anyone explaining it this way. Do you look at price divergence with the RSI as another probable signal?
Guys great video as always! One question I've been looking to ask you for a long long time: I see that none of you have the premarket data on on your charts, do you use this data at all? Maybe to scan the premarket action?
If you have an Algo desk, how do you build all of these fine grained approach into it??. Or do you have multiple standard algo strategies running on a given day. I am a small time retail trader just getting the hang of it and if I have to maximize daily income I will have to automate some standard strategies, and also personally sit at the desk to trade using some of your fine tuning approach, which has to happen in real time. Right ??
Excelent video. I'm surprised you didn't make any reference to the default 14 period by default and what's the result when this is modified. Also, there is no reference to divergences with price.
Question: Why does the RSI fluctuate/move a lot more throughout the ranges verses more slower movements in the RSI? I think I heard it's bad when the RSI fluctuates too fast? What is the cause?
Interesting use of RSI re pullbacks. Thought you would have mentioned looking at divergence of RSI to price action as there were a couple of these on Q's. Also, try changing the RSI period to '50' .. this gives a good approximation of bull/bear pressure i.e if RSI is above zero, then likely to continue bullish and vice versa for bearish.
I like the ideas in here but when i build some strategy testing in trading view and backtest, they dont show much more than 1-1.5 profit factor on hourly or daily charts Does this means it more built for 1 min charts or maybe the ideas aren’t consistently that profitable?
You’re literally better off using it in reverse for any company with strong fundamentals. If it crosses above 70 on a HTF, you take the first long from there and then pyramid in to the pullback if it pulls back. If it’s truly measuring relative STRENGTH, then why would it be OVERbought or OVERsold? That’s like making a tool to specifically measure the strongest boxer, and when the tool gives you an answer, you go “yup, he’s gonna lose”.
Please be careful upon signing up for the webinar. once you sign up and paid saying giving you discount. They will email saying there's no refund policy and you are hooked.
SMB Workshop: tinyurl.com/2zfbh5uw
What do u teach in your workshops or purpose it to do marketing for their paid courses?
@@ankurpatel2664 Exactly
I watched hundreds of videos about RSI - THIS IS THE ONLY RSI VIDEO completely changed my overall view of RSI - THANK you for sharing this awesome info !
The best way to trade the RSI is to put a 20 period sma overlay on the RSI. Your buying when it's above the 20 sma and selling when it below the 20. It's great for exits letting you get everything out of a move with not much draw down when it moves against your position.
I use a 14ema and the 50 line over higher time frames will set my bias.
Whenever someone says "this is the best way" to do anything, the natural question is "how do you know?"
In trading, objective analysis beats subjective every day of the week.
On which tf.?
That's what I started doing this year!!! now I'm a profitable options trader
@@manciamusic what is your strategy? can you share please
It was great to see a professional's take on rsi from both Garrett and Jeff. For me personally i do use the default settings so that more potential opportunities arise and im at least paying attention to price action in overbought or oversold conditions. On top of multiple time frames, I also combine volume, momentum and price action to help me better confirm the right side of the v. Because i trade high beta though im also looking for additional confirmations in future charts or spy / qqq. One last thing that helps my better trades is spotting bullish or bearish divergences using rsi. Where i have a tough time though using this tool is on trend days but trying to work through that. This video was right up my alley. Big thanks SMB, as always!
on trend days..looking intra day esp.. just over 50 under 50..relative strengh. over 50 on a uptrend GOODD. does not mean we have to pull back, vis vera to the down side. hope that helps and i am NOT a professional but i think hearing things give people ideas etc. cheers
@@justinbridgez I appreciate the feedback. One of the things that helps keep me grounded is the macro news and economic calendar. Being aware of this at least gives me some idea on what potential news could possibly cause the market to trend one way or the other. Especially if we break out of a range and rsi isn't helping me identify reversals unlike if we were rangebound.
@@mikeanis8554 look for trapped volume or out of balance markets for potential trend days.
“Big movements take time to develop”
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
LINDA PEREZ LEWIS
That’s my licesed Financial advisor you can easily look her up, Thank me later!
Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.
Great video, thank you!
Whenever I'm looking to understand how to use an indicator or a new setup I always come to SMB videos first. Very professional.
I freaking LOVE Garretts energy and vibe, he feels like a really good dude!
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them..
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
I use the RSI with its moving average and the DMI to catch momentum in price action. The RSI's moving average is really powerful at catching change in character I don't go long if the RSI is not above its MA and vice and versa.
Great video. Thank you for making it simple to understand. I also appreciate that you give credit to Brian Shannon for the “level of interest” using VWAP
This style video with questions being asked and explanations from other traders is really helpful. Thank you
Always amazed when I hear indicators don't work, properly defining/understanding there use is how they work. Important to understand there failings and how to sort those out. There are more great ways to use the rsi indicator for trades. Thanks for sharing .. overbought and oversold can last the entire time your on the sidelines watching for a turn.
I've read alot of RSI and watched many videos. This is the single most important video I've watched on the topic. The penny has really dropped. I can't wait to get on charts and try this method. Thanks for sharing!
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Her name is “Vivian Carol Gioia” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Very detailed video on RSI. Thank you SMB for this video🙏
Please make sure you put Garrett into thumbnail, and I will always watch
It took me two years to figure out how to really use the RSI. Every video I ever found about it didn’t dig deep because the UA-camrs didn’t really know. I wish you guys made this video 2 years ago. At least the new people won’t have to figure it out on their own
Thanks a lot guys. I have been struggling using the RSI
You can use different periods for RSI as well. Well known example is Connor's method, where he uses RSI of two periods. Also, in addition to using multiple time frames, you can use RSI of multiple periods. For example, if both weekly RSI(2) and RSI(14) is overbought the probability of a pullback is higher. In addition, if daily RSIs show the same you have your setup.
Oh for god's sake - did you have to say that! lol I've been trading my own money that way for years and never seen it mentioned until now! I thought I was a genius discovering it back in 2009, but there must be hundreds of thousands others that use it that way too
I absolutely love watching your videos. You all have such a great connection and teach so well. Still blows my mind this is free content.
The information you just shared is priceless! I get it now, I must practice this technique. I'm also at the macd to go along with my volume indicator to use all three confluences to see how this works!
Simply using different lengths has the same effect as checking the different timeframes. If you apply a length of 10 to the one hour chart, a length of 20 is the same line on the 30 minute chart. It's math, so that's a fairly simple approach you can use to save time.
expertie discussing indicators,..common bro,.. I am fond of this indicator,..I am happy that succesful trader like you all uses RSI like us,..getting confidence to continue using this indicator,..
I have used almost every indicator, and honestly the only one that is actually profitable is the RSI
This was a good explanation of how to execute RSI. TY
11:52
Well informative video. I love the insight you provided on taking the trade the moment you see the set up. I was always concerned myself whether I wait for the day to close.
RSI changed my life forever!!!! Now im profitable !!!! I use it combined with its 20d Moving Average.... I do opttions and i use RSI to signal the best momentum posible to enter so my contracts scape the break even zone quickly and i can place a closser stop loss....it works like a charm
Looking at TOS there are so many moving averages like Adaptive, DMA, Exponential.... Which one do you set up?
@@MichaelSmith-dj9fj i use 3 MacD histograms 1, 5 , 10 min. On the 1 min chart i use 20 and 50 Simple Moving Averages, RSI with its 20d average
The strategy is ride 5min McD histogram reversals ... Thats it
noticed the same return to the 50 on the RSI for strong trending stocks as well
Has anyone else noticed that it seems like Jeff and Garrett are constantly on the verge of laughing but keeping an almost straight face? 😂
(probably because filming these types of videos is a funny and maybe awkward experience)
Ahahaha kinda saw it too yeah
I love it whenever Garrett and Jeff do a video together. Thanks guys
Key word in this vid is use RSI on multiple TF. Also draw Support and Resistance lines if you can.
CDIO was a great trade for me too. In at 0.41then trimmed 25% at 0.63, then 25% at 0.81 and a trailing stop of 12% which was 1 ATR that triggered at $1.25 for the last 50% of my shares. 2.41x profit at the end of the trade
@@borntodoit8744 All I care about is what makes sense to me. Trading is different for everyone. I use 0 indicators except for a moving average for direction and ATR for stop loss/trailing stop sometimes. By not using indicators I have lost less money and made more money. All I can speak for is myself though after almost 4 years. Once you focus on your setups and develop a system that makes sense to you and your personality then you'll make a profit. No one will coddle you in this field and hold your hand. If this is your mindset then I suggest investing in broad market index funds and finding another hobby. Your bank account and sanity will thank you for it 🙂
Great video SMB, thank you! for the detailed breakdown. We’re talking numbers, we’re talking real actionable, trades here. I’m wondering, what do you guys think about RSI moving average crossovers? For indexes or futures etc.
You can also use it for bearish/ bullish divergence. I was expecting them to talk about it
As a beginner trader, I look forward to videos involving Garret as they are more intuitive for my understanding
Indicator settings from your video were so helpful. Thanks!
Какие стратегии ты считаешь самыми эффективными для торговли бинарными опционами?
Hello, which of Lance's videos is he referring to as "Right side of the V"?
Waiting for the turn, "signal"
Быстро нашли новую связку, молодцы, ну а я с вами всегда в профите!
Very interesting , I like that settings 20/80 and the MTF factor
5 minutes?
Watched this two days ago and it saved me today plus a few nice shorts. I've learned a ton from your vids. Thanks
On EJH, also, the candlestick itself (was adding to the confirmation of potential oversold), namely, the candlestick was a doji/hammer...which when seeing at the end of a downtrend, gives a strong likelihood of an impending reversal.
Thanks for your helpful explanations and clarifying, with a recent example, how the RSI does not work.
awesome video and thank you for sharing. have been consuming your videos for the past weeks and have learned so much more than all the other books and videos. Please continue to share great contents like this, and i will work on getting better everyday by implementing what i learn from you guys.
Love the videos ! that revert to the rsi midline are you taking that into the end of the day risking overnight exposure ? 23:34
Finally some decent content, some SMB stuff just isn’t great but , C’est la vie !
You guys are absolute legends! Keep up the awesome videos
there's a very funny thing that I saw with many trading people shilling some advices, they all forget the macro events happening on the curves, like the context ( for ex whales manipulating the market and siphonning liquidity out of the retail on a stock) and only focus on the micro (rsi indicators for ex) without considering interpreting them differently given the situation, that's surprising to me
Leveraging the RSI as a filtering tool is a clever strategy, providing a succinct snapshot of the strength or weakness of stocks. When you integrate the directional movement of the overall market, it becomes a potent combination, adding another layer of power to your analysis.
Also helps identify the peripheral edge of price, so to speak.
You need a way to stop being a piggy in the middle, this tool may help. Remember in trends this doesn't oscillate equally.
Thank you SMB
Very Educative programs helps me a lot in my trading career ..
There was a huge divergence play on that QQQ chart too. Just saying...
This was ok explanation for a beginner, I'd say this best suited for an intermediate trader.
Thanks! At 16:08 when you are looking for the break of the candle, is it important to look at 5-min chart? Or is it okay to wait for the break at 1-min chart? Sometimes with volatile stocks when we wait for the 5-min chart to break above a level it gets a bit too late to enter at a good price. What's your suggestion?
What are the best integrated platforms to trade? I currently trade using Robinhood but I am considering moving to tradingview and use a broker like webull. Any suggestion? I do not want to pay for commission
As always great video from SMB. I like scalping with a one minute candle. Should I use the 5 or 15 minute candle to compare the RSI results? Using the RSI scan on Think or Swim, what is the best time frame for scalping?
20 to 80
The best videos in the industry right here. Bar none.
When looking at RSI on lower time frames such as 1,5,15min 1hr do you include premarket trading? Because i know RSI can read differently with or without premarket showing on chart. Thanks!
Лаба твои инсайды просто бомба! Жду новых идей.
How do you get the RSI color change, I am into using the RSI and I can see the value of the color signal.
Great video.
Very informative. Thank you Gentlemen.
Question. Would you use pre market action to help you with open position or, do you agree with many who discount pre citing, it is too "manipulated". Thanks for your time.
i know you asked them, but open postions? like already open? and im assuming stock? if futures i could see maybe but again you asked them not me..but i would lean tords with the "many". pre shouldnt have that big of an impact on your trade where you would need it..i would think. pre and post is only so long and light volume.
not necessarily open positions. Looking entry wondering if taking a cross on vwap into 930am would be good entry.@@justinbridgez
This is a fantastic video. Thank you for taking the time to provide some of your knowledge and expertise!
Thank you guys...I LEARN something new about RSI😉
Very informative video. I don't think I ever heard anyone explaining it this way. Do you look at price divergence with the RSI as another probable signal?
Love this Vid. The best content
Guys great video as always! One question I've been looking to ask you for a long long time: I see that none of you have the premarket data on on your charts, do you use this data at all? Maybe to scan the premarket action?
If you have an Algo desk, how do you build all of these fine grained approach into it??. Or do you have multiple standard algo strategies running on a given day. I am a small time retail trader just getting the hang of it and if I have to maximize daily income I will have to automate some standard strategies, and also personally sit at the desk to trade using some of your fine tuning approach, which has to happen in real time. Right ??
What was the recommended length? The default is 14. Thank you
Связка огонь, спасибо за информацию.
Great video!! Especially explaining the entry points. This helped alot
Excelent video.
I'm surprised you didn't make any reference to the default 14 period by default and what's the result when this is modified.
Also, there is no reference to divergences with price.
Brlliant video. Incredibly knowledgeable and easily usable.
Thanks fellas. This was helpful.
What does Garrett mean at 11:50? Can anyone explain, please?
How long does it take to become a binary options guru? I'm ready to learn! 📚💪
The fractals and the quants agree with you
Question: Why does the RSI fluctuate/move a lot more throughout the ranges verses more slower movements in the RSI? I think I heard it's bad when the RSI fluctuates too fast? What is the cause?
i use RSI 88 and 28 bands in the 15minute chart. been better in success in backtesting and foRwardtesting with 86% win Rate.
Better than 80/20?
what is ur view for crude in september 1st week 2024
Excellent coverage
Top-notch video, thanks SMB!
Could you please send me the Lancese`s videos you talked about?
Can these 3 techniques also be applied in Futures NQ?
Thank you both ❤
Are the core principles of this strategy still applicable for long term strategies or is RSI used differently with wider time frames?
Interesting use of RSI re pullbacks. Thought you would have mentioned looking at divergence of RSI to price action as there were a couple of these on Q's. Also, try changing the RSI period to '50' .. this gives a good approximation of bull/bear pressure i.e if RSI is above zero, then likely to continue bullish and vice versa for bearish.
Unless you want to catch the small swings. A smaller RSI works better. 50 is great for a big swing trader, but useless for a day trader.
@@n7ekg very good point, would you go lower than 14 periods?
Love this conversation guys!
Great RSi video
Thanks
5:50 is the answer
Fantastic video!!
I like the ideas in here but when i build some strategy testing in trading view and backtest, they dont show much more than 1-1.5 profit factor on hourly or daily charts
Does this means it more built for 1 min charts or maybe the ideas aren’t consistently that profitable?
thanks very much as always.
Thank you for the knowledge 😊❤
Thanks for sharing 👍👍
Great video thanks
Keeping this video for future use
Cleverly explained. Thanks
had trouble with playback looping back. will try again another day
You’re literally better off using it in reverse for any company with strong fundamentals. If it crosses above 70 on a HTF, you take the first long from there and then pyramid in to the pullback if it pulls back.
If it’s truly measuring relative STRENGTH, then why would it be OVERbought or OVERsold?
That’s like making a tool to specifically measure the strongest boxer, and when the tool gives you an answer, you go “yup, he’s gonna lose”.
Please be careful upon signing up for the webinar. once you sign up and paid saying giving you discount. They will email saying there's no refund policy and you are hooked.