How to use the Stochastic RSI for Trading: Best Strategy and More
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- čas přidán 21. 07. 2024
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Today we're taking a look at the Stochastic RSI indicator on TradingView. We talk about how to use it, the best strategy, and what the settings do. We also compare the regular RSI to the stochastic RSI to get a better understanding of how it works.
00:00 Intro
00:13 How to Use Stochastic RSI
01:09 Stochastic RSI Strategy
01:58 RSI versus Stochastic RSI
03:21 Stochastic RSI settings
04:14 When it fails
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#trading #tradingview #indicators #indicatorstrading #relativestrengthindex #stocks #options #forex #tradingindicators
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The information and indicators provided are for educational and informational purposes only and should not be construed as financial or investment advice. The trading indicators, strategies, and information provided are intended solely for educational purposes. Trading and investing in financial markets involve a high level of risk, and you may lose all or a portion of your investment. Past performance is not indicative of future results.
Thanks for the strategy, very helpful for beginners who are still learning like me in the nfc community.
Bro tell me exact settings for m5 time frame
For 1hour time frame it's good?
All time frames. Just remember about the length of the Stoch RSI. 14 periods, as the default, really isn't that much. So shorter moves. Want a macro picture then try 100 period