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Novice Guide to the RSI Indicator




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The Relative Strength Index is arguably the most well-liked technical indicator when it comes to buying and selling. But being well-liked does not generally make you appropriate or easy. David Jones is aware this and is listed here to give a assisting hand to those just starting off their journey in the planet of the markets, as properly as those who’ve had a little bit much more knowledge.

He goes in excess of the way it is calculated, its parameters and default settings and goes on to exhibit it in authentic examples. There you can see it at peak general performance but much more importantly – when a little bit much more attention or caution is vital to use it appropriately.

Check out the RSI in authentic marketplace conditions with virtual dollars. Find out to trade and commit for free of charge. – https://www.trading212.com/en/Observe-for-No cost-GBP

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20 comments

  1. Good stuff, sir! Straight to the point and on topic for the duration of the video! I've only been trading for one week… There are too many people selling something, you are a breath of fresh air! You have earned another subscriber!!

    Reply
  2. what platform do you use to trade?

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  3. Simultaneouly can we use DMI as to get a better idea of potential selling or potential buying?

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  4. Could you do a beginner's on fib retracement for bitcoin PLEASE 🙂

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  5. Great video. Thank you

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  6. The formula is wrong. It should be 100-100/(1+rs)

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  7. This was perfect. Thank you

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  8. What platform are you using? Where can i get it?

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  9. Thank you, Sir. You have done a wonderful job in explaining the RSI. This has truly helped me.

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  10. Great explanation of bullish and bearish divergence.

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  11. I am kind of confused by the diversion thing. so at Price X if it was 70+ RSI the first time it means it is overbought therefore you would think it will go down in price, but then it reaches X again but the RSI is 60, does that not mean that it should be a bullish trend as price X is no longer an "oversold" price .. ? I am confused to why that it is an indicator that it should sell off ..

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  12. Do you ever run courses ?

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  13. Wow, thank you so much for this video .

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  14. Your first formula is wrong it should be (100 – 100/1+RS) not (100-100/1-RS).

    Also next time please let some lady with good hand writing write the formula :D.

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  15. Awesome video, Cheers!

    Reply
  16. What is the best time frame for Divergence?

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  17. bad writing

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  18. Thank you!

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  19. Excellent overview I learned fast on this one..RSI are great for determining how long a sell trend will last, thanks you for teaching RSI in a less complicated view, thank you the background charts are visible and always say what studies and indicators your using big thank you..

    Reply
  20. It's a good thing you can speak better than you can write

    Reply

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