Best RSI Indicator Strategy for Day trading Forex (RSI Indicator Explained)
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As traders, it is very important that we can identify key levels on the market, where prices are more likely to switch directions,
these key levels can be detected if we know when the market is at a relatively high or low price, and the RSI does a very good job of doing that
and ,in this video, I'm revealing the best strategies that we can use with the RSI indicator
CSRS on tradingview -
https://www.tradingview.com/script/65qXHQER-CSRS/
Indicator settings as seen on video:
Go to indicator settings
Inputs
change "1st Pivot of Bearish Div" value to 60
change "1st Pivot of Bullish Div" value to 40
change "look back length" value to 100
change chart type from "candles" to "lines"
change all colors to white
📈 Download the Excel Sheet i used for backtesting -
https://www.mediafire.com/file/ia9n75shjvj0npi/Data_trader_Backtest_Excel.xlsx/file
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Ignore tags:
data trader,day trading,day trading strategies,stock trading,trading,forex trading strategy,swing trading strategy,day trading strategy,rsi indicator,rsi trading strategy,rsi trading,rsi indicator strategy,how to trade rsi divergence,how to trade rsi indicator,rsi explained trading,stochastic rsi,how to trade rsi hidden divergence,rsi indicator tutorial,how to use rsi properly,how to use rsi in tradingview,rsi strategy,stocks,forex,rsi daytrading
Видео Best RSI Indicator Strategy for Day trading Forex (RSI Indicator Explained) канала Data Trader
Bitget on web - https://bit.ly/3xmgczb
Bitget on mobile device - https://bit.ly/3ClyS67
☑ Join Bitget's Telegram group for giveaways and prizes - https://bit.ly/3jomRnz
************************
As traders, it is very important that we can identify key levels on the market, where prices are more likely to switch directions,
these key levels can be detected if we know when the market is at a relatively high or low price, and the RSI does a very good job of doing that
and ,in this video, I'm revealing the best strategies that we can use with the RSI indicator
CSRS on tradingview -
https://www.tradingview.com/script/65qXHQER-CSRS/
Indicator settings as seen on video:
Go to indicator settings
Inputs
change "1st Pivot of Bearish Div" value to 60
change "1st Pivot of Bullish Div" value to 40
change "look back length" value to 100
change chart type from "candles" to "lines"
change all colors to white
📈 Download the Excel Sheet i used for backtesting -
https://www.mediafire.com/file/ia9n75shjvj0npi/Data_trader_Backtest_Excel.xlsx/file
--
Ignore tags:
data trader,day trading,day trading strategies,stock trading,trading,forex trading strategy,swing trading strategy,day trading strategy,rsi indicator,rsi trading strategy,rsi trading,rsi indicator strategy,how to trade rsi divergence,how to trade rsi indicator,rsi explained trading,stochastic rsi,how to trade rsi hidden divergence,rsi indicator tutorial,how to use rsi properly,how to use rsi in tradingview,rsi strategy,stocks,forex,rsi daytrading
Видео Best RSI Indicator Strategy for Day trading Forex (RSI Indicator Explained) канала Data Trader
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