Best RSI Indicator Strategy for Day trading Forex (RSI Indicator Explained)

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 -
www.tradingview.com/script/65...
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 -
www.mediafire.com/file/ia9n75...
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Ignore tags:
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[@vanisleflyingcorgi7916]

These videos are so helpful and just the best explanations. No BS, just straight to the knowledge.

[@jashenmey]

This video is so underrated! Thanks for the great explanations!

[@faycelrahim3597]

short and simple straight to the point and i understand everything

[@mr_harshu.0498]

I am from India,
Your Every video is very helpful for me you can show all possible levels
thankyou

[@iamsanamthapa2005]

I love your video so much first time i am understanding RSI indicators many trader only say divergence and higher high and lower high . I can't understanding exact thank so much your video .

[@mohamedelsayed7703]

ONE OF BEST BEST CHANNELS I SEE IN MY LIFE THANK U SO MUCH

[@trumptv1527]

wow thank you. I was confused about RSI. Stochastic is more of momentum indicator i heard and 10% of the time an oversold overbought indicator but it worked to verify for RSI. Hey thanks for csrs. You are amazing! God bless you.

[@GamingClans]

This is the best video ,it is precise and very informative ,thanks my man

[@kolafola7493]

your explanation is so easy. Thanks so much

[@rita_machadosilva]

These strategies are awesome man!!!! Gratitude!!

[@davidchan1922]

amazing content dude... clear, concise and useful... keep uo the good work!

[@questionpapersadda]

Best Video On RSI🙏🙏🙏

[@TuAudiolibro]

Excelente como siempre, muchas gracias!

[@technicalblue6399]

❤ love from 🇮🇳इंडिया India 👍👍👍👍

[@eisarazavi4873]

You have currently the best channel that I know..🍻

[@navormontoya6027]

Thank you for the lesson, it's very informative.

[@sugarsuka]

Thank you brother, because of you, I can trade better

[@user-tb6kc8yl2x]

You are really pro teacher 🔥🔥

[@ruwangunasekara7718]

Excellent explanation. Thank you.

[@XynGG]

I backtested this using the RSI and support and resistance and it worked maybe about 60% of the time if that

[@ytunfpp]

Superb explanation. Thanks

[@fullcircle4723]

All your videos are pots o'gold

[@mojtabadav9248]

hello and thank you to upload this video
I've faced this, and find it really great and beautiful

[@lahirujayasekara9067]

thanks for the great explanations

[@martinettenes1789]

Great information, thank you 🙏

[@mojtabadav9248]

hello and thank you to upload this video
I ve faced this, and find it really great and beautiful

[@jayshreepande2279]

Outstanding sir .........

[@mizaelpereira9276]

Excelente video muito informativo.

[@mr.vertix7319]

You just earned another sub 👊🏻👊🏻

[@Amol777]

Very well explained

[@hamzeevlogs6]

Great video brother! I'll probably have to watch it several times to get a grip on the concept. What time frame do you recommend if I was to use RSI and trend lines/support resistance, can I use 1min or 5 min chart to apply this?

[@clydbontong5410]

Very helpful thanks .

[@JoaoPereira-ow6lr]

Great video bro. Thanks👌

[@RameshMuthuk1596]

Very informative .. thanks

[@aryan_9652]

thank you brother

[@stephenjyoti19]

sir lot thanks for making this video.
love❤❤❤ from stephen jyoti from india, kolkata

[@dianacharlie5283]

Learning everyday

[@pawankumakdp]

Great explanation

[@sanniazeez7003]

Interesting and educative

[@drajitpawar7303]

Thanks!

[@BB-rw4se]

Ur content is amazing and soo damn clear
If you can explain the
Fibonacci Retracements Explained for Beginners
Plz

[@kokik2373]

God bless u thanks ...

[@parshugyanram136]

Excellent !

[@abubekirlenty8854]

Thanks

[@ciaranbrennan16]

Great video.

[@Amol777]

Best explained

[@ofwjourney2397]

Thank you for sharing your great knowledge, May i know the best time frame settings for daily spot Trading, in minutes or in an hour time frame? Thank you

[@abdulazizali3700]

U r Best Bro

[@harvgill76]

Excellent.

[@pawankumakdp]

Excellent

[@ravindrabaldawa2900]

Nice 👍 concept

[@wazzzy111]

Super explanation....just let us know the best time frame for this strategy....many many thnaks

[@vahid401]

Definitely astonishing video to me, just one question: best book for technical analysis recommendation ?

[@victorontheweb]

Great video, thank you. What is the difference between Stochastic and Connor RSI ?

[@bbmaafx]

I am use RSI divergence and convergence

[@casicrypto6101]

Great video

[@rogerioteles9249]

Obrigado

[@mattwinch72]

Thank you very much for this helpful video, different candle periods can give different results, how best to look at this? What would you recommend as the best period for day trading? 4H, 1H? Many txs Matthew

[@fysara8362]

very helpful

[@ghafoorkhan5201]

Very helpful.
The only problem is that there is no CSRS or CRS indicator on trading view to find the divergence?

[@osamabinladen678]

Awesome bro

[@Danishkhan-wt4bm]

Great sir... Can u tell me for intraday trading
what time frame good for trade?

[@ahmirasad007]

Hi nice video. Make a video on the TDI strategy.

[@mohdakramabubakar2925]

Hi bro,...very good n great video.
Can you explain in detail about CCI strategy...tqvm.

[@gameanimasi5140]

good video teknik skil

[@jaganm2649]

Tq sir

[@bobb74ysmith]

At the 5:30 mark you say the RSI is forming higher highs when the lines are below the 30 line? Thank you great channel and content btw

[@rolandpierrelouis4013]

What is the setting of the RSI you use in this video ? Thanks for your work

[@ilja5425]

What is your stochastic and RSI settings?

[@YaaALI313]

Hey can you make a hull Macd with histogram that would be nice to see and tested

[@kanagaelectronic480]

Lovu bro

[@roseelmoh1122]

What is your rsi and stochastic settings and what chart can you use this on ? 1hr good ??

[@V3killerx]

Is this video helpful for trading Stocks as well?

[@benedictgoodluck1092]

Please explain the candle stick pattern

[@barbarajordan2698]

what ma do you use with the rsi and why? also I noticed that when using the rsi with the 50 point line, you gave the example in the middle of price instead of at the end, would it work the same way where price is at the time?
thanks for the good information.

[@mohammedhaggy-9068]

Can you mention the periods you use for RSI setup

[@joanjayme5651]

Hi,..which is the best TF for using rsi?

[@TheAmbitious22]

sometimes we have both divergences, bullish and perish what should I follow!

[@minyoo792]

what is the setting number he used for divergence? is it 46 or 51 it keeps changing

[@redqueen7572]

Need more videos

[@PlainCheesePizza]

what time frame are you using the mid line /stoch strat on?

[@ramoneucogco6446]

What is best timeframe using this strategy?

[@ankitanand2458]

what is the best time frame for rsi?

[@epicsounds9115]

WOW

[@zaidbolhasan6292]

What about 40 to 50 support area in RSI? Can elaborate?

[@294dime]

What is best timeframe for this?

[@vincentbanal4473]

Is it good also for crypto trading?

[@Holywoood1]

Hello. I like your videos and using some of your strategies in my practice. Very impressing. I wanted to ask about the CSRS indicator you mentioned. There is no such indicator in my Trading View. Can you suggest which is it exactly? Thank you in advance!

[@aleksszukovskis2074]

same

[@kajalbathija4927]

Hi which time frame should this be used on

[@suryasuryam476]

Sir what is the RSI best setting

[@abi1181]

can I apply ur setups in indian market ? Is it work ?

[@mbekimolly]

what are the parameters for stoch

[@SR-ve6kb]

Do these apply only to forex trading?

[@kelvinosas]

Do more videos.... I can follow u on telegram. Instagram or any social platform

[@AxL28AxL]

can u do a 3 bar play video.

[@KoladiK]

The RSI with the bollinger bands are a nasty combo mambafx has a video on it
Period: 34
Shift: 0
Deviations: 2,000
Apply to: first indicators data

[@tejaspatil3081]

Which software are u using

[@faithstephens116]

You mentioned the stochastic indicator, so what’s the best strategy to that one as your one of your main indicators?

[@DataTraders]

i dont have a "main" indicator, i change my indicators depending on the market condition

[@umeshdesai6828]

Educational

[@user-ri2np7tv3b]

this is the most profitable way to make money in internet