This is a very good strategy. Most strategy people show off TH-cam don't account for market conditions but this easily accounts for bull bear or ranging conditions. I usea similar method with harmonics and fib sequence retracement for my overall technique but this actually improves on my harmonics setup. This is going to replace my bias TA when I'm using my scanners. Thank you for the better RSI showcase. Another item you can also add is breaks and retests indicator for graphic level of resistance and support. Not a well known indicator but I use it in this type setup.
Thanks for your feedback! Glad our strategy helps. We appreciate the breaks & retests indicator suggestion, and will consider it for future videos. Happy trading😊
Curious if anyone here has tried copy trading. What was your experience? I’m relatively new to trading and i am looking study some good traders and copy their open trades rather than investing myself and lose money emotionally.
To be 100% honest with you. I had the same question 5years ago, I was confused as heck. Now copying other traders for over 3years now. Would like to tell you YES copy trading is a good approach, you just had to keep in mind that the success in copying another trader lies in their transparency.
I also have copied the trades of some experts in the past, it’s the easiest money i made in the market, plus you also get a learning opportunity while you earn off their expertise and what their strategy is it’s a nice hands-off way to invest.
I successfully trade in my own portfolio, and also follow others professional trader because I’m interested in their strategies. I realize I’ve got better at managing the traders strategies too, there’s nothing wrong at all with having someone far more dedicated manage your trade portfolio.
Hi~ I think the price candle is below the pivot point line, isn't it ? Plz check below. Thx. 8:03 So first, the pivot points supertrend should be coloured red and the price would be trading above it to indicate a bearish trend.; above -> below ???
That is great when you try to improve the usage of RSI. For instance, Dynamic Zone RSI, which tells a special trade breakout Stochastic RSI, which make your claim down, stable and wait the trend end That's why I agree to DELETE RSI from your list. Actually, RSI helps you identify Gartley 222 bullish/bearlish pattern on RSI windows. One more thing, forget 30 to in and 70 to out. Actually Trend follow is buy when first time buy when cross over 55 and sell when cross below 45. Better way to use indicators: Schaff trend cycle Solar Wind TDI RSI Channel on main Window Google everything new terms above to find the download and Good luck.
THE BETTER RSI uses rsi level of 50 and color of it. green if rsi reaches 70 and till it fall below 40. red if rsi reaches 30 level and remains red till rsi cross above 60level. white neutral if RSI falls below40 add pivot point super trend indicator momentum shift is bearish if rsi goes below 50 leel or bullish if rsi cross above 50 level
I have a question. What if there is a time lag between the the cross over of the RSI above or below the 50 line and a volume bar exceeding the MA line (say a time lag of 2-3 bars). By then price has already shot up significantly. Please share your expert views.
rsi is not a over bought under bought indicator it just show you the buy and selling pressure in the market, I only use the rsi and remove the rsi-based MA. I use it to look of divergence and see the mood of the market. don't use like a buy sell indicator, you have a lot of others that are better for that. I stick to volume, footprint, and price action, to get my edge, and use the rsi to only gage the market. the lag is because you are using 2 MA one short and one long when the short reacts to one or two candles fast any you see the effect the long takes longer time, when they cross you have a long lag and so you get inn and out of a trade to slow if you use it like this. I find it a lot better indicator using it just to see the mood of the market.
Great video, strategy outlined clearly. Will backtest to see results. Does it work on all timeframes ? Please do a video on how to trade trend continuation.
Hi @PineTrades can you make a backtest on using this new RSI with chopiness index to see if it's possible to make a viable strategy using them together ? thank you !
Your videos and indicator views are very useful, but due to blurring of all your videos, I cannot understand how to install the indicator, please type the setting in the description,
Nice video, I’ll put it to the test tomorrow. Thanks! If you want to differentiate yourself from the others that make videos like this I suggest doing a few things at the start of your explanation of the strategy. 1. Explain your chart set up by telling people the timeframe you used. As a viewer I want to know if the strategy works between 1m all the way up to 4h. 2. Tell us what securities you tested the strategy on. That’s just my two cents but thanks again.
Thank you for your comment! We're glad you found our video helpful and are planning to test the strategy. In future videos, we'll definitely mention the timeframes used, from 1m up to 1D, to give viewers a clearer idea of the strategy's applicability across various timeframes. Additionally, we'll include information on the specific securities we've tested the strategy on, which will help demonstrate its versatility across different markets. Your input is invaluable, and we're always eager to enhance the quality and relevance of our content for our viewers. We believe that incorporating your suggestions will make our videos even more informative and engaging. Thanks again for your support, and we hope our future videos continue to meet and exceed your expectations🙏
This indicator is very good for commodity trading like crude oil or natural gas.. excellent and very simple to use... Anyone can earn money with this indicator..thanks a lot as this indicator is by far more accurate than others in the market...
I assure you that I will test this strategy and come back with situations of bear or bull traps if I come across them. Hope you will be able to advise me.
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Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
Having success in your businesses and investments is a great feeling especially when you’ve had fails or losses in the past years. And this not for promotional purposes but I recommend a strong handed professional like Expert Matej for your investment management
Great video. I make huge profits on my investment since i started trading with a professional broker Mrs Kathi Morgan, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥
Ever since i started trading with Mrs Kathi with the consistent weekly profits i'm getting there's no doubt she's the best. such a genius I have been withdrawing my profits thanks for your great work and God bless you more..from Slovenia
Thank you for the level-headed financial advice. I started my investment with $8,500 in just a week of trading with her I’ve gotten profits of $19,750 in my portfolio. Thank you Ma'am
This is a very good strategy. Most strategy people show off TH-cam don't account for market conditions but this easily accounts for bull bear or ranging conditions. I usea similar method with harmonics and fib sequence retracement for my overall technique but this actually improves on my harmonics setup. This is going to replace my bias TA when I'm using my scanners. Thank you for the better RSI showcase. Another item you can also add is breaks and retests indicator for graphic level of resistance and support. Not a well known indicator but I use it in this type setup.
Thanks for your feedback! Glad our strategy helps. We appreciate the breaks & retests indicator suggestion, and will consider it for future videos. Happy trading😊
Curious if anyone here has tried copy trading. What was your experience? I’m relatively new to trading and i am looking study some good traders and copy their open trades rather than investing myself and lose money emotionally.
To be 100% honest with you. I had the same question 5years ago, I was confused as heck. Now copying other traders for over 3years now. Would like to tell you YES copy trading is a good approach, you just had to keep in mind that the success in copying another trader lies in their transparency.
I also have copied the trades of some experts in the past, it’s the easiest money i made in the market, plus you also get a learning opportunity while you earn off their expertise and what their strategy is it’s a nice hands-off way to invest.
@-Fredrick wow Impressive! Please If you don’t mind sharing, how can I get in touch with your professional trader.
@-Fredrick thanks so much for sharing- I’ll reach out to him immediately to begin my trade with him.
I successfully trade in my own portfolio, and also follow others professional trader because I’m interested in their strategies. I realize I’ve got better at managing the traders strategies too, there’s nothing wrong at all with having someone far more dedicated manage your trade portfolio.
Hi~ I think the price candle is below the pivot point line, isn't it ? Plz check below. Thx.
8:03
So first, the pivot points supertrend should be coloured red and the price would be trading
above it to indicate a bearish trend.; above -> below ???
Great advice, thanks.I'm using this new RSI indicator with the CHANDELIER EXIT, this 2 indicators are the most powerful tools
Please perform the back testing and provide the results (% Win rate)....Thx
You can do it
@@eroodeet how
That is great when you try to improve the usage of RSI. For instance,
Dynamic Zone RSI, which tells a special trade breakout
Stochastic RSI, which make your claim down, stable and wait the trend end
That's why I agree to DELETE RSI from your list.
Actually, RSI helps you identify Gartley 222 bullish/bearlish pattern on RSI windows.
One more thing, forget 30 to in and 70 to out.
Actually Trend follow is buy when first time buy when cross over 55 and sell when cross below 45.
Better way to use indicators:
Schaff trend cycle
Solar Wind
TDI
RSI Channel on main Window
Google everything new terms above to find the download and Good luck.
Volume indicator isn't Available now at Trading view. What indicator needs to use .
THE BETTER RSI
uses rsi level of 50 and color of it.
green if rsi reaches 70 and till it fall below 40.
red if rsi reaches 30 level and remains red till rsi cross above 60level.
white neutral if RSI falls below40
add pivot point super trend indicator
momentum shift is bearish if rsi goes below 50 leel or bullish if rsi cross above 50 level
Awesome. I will definitely try this better RSI and pivot point super trend set up. Thank you so much
I have a question. What if there is a time lag between the the cross over of the RSI above or below the 50 line and a volume bar exceeding the MA line (say a time lag of 2-3 bars). By then price has already shot up significantly. Please share your expert views.
rsi is not a over bought under bought indicator it just show you the buy and selling pressure in the market, I only use the rsi and remove the rsi-based MA. I use it to look of divergence and see the mood of the market. don't use like a buy sell indicator, you have a lot of others that are better for that.
I stick to volume, footprint, and price action, to get my edge, and use the rsi to only gage the market.
the lag is because you are using 2 MA one short and one long when the short reacts to one or two candles fast any you see the effect the long takes longer time, when they cross you have a long lag and so you get inn and out of a trade to slow if you use it like this. I find it a lot better indicator using it just to see the mood of the market.
Loved it. Thanks!
Which time frame should we use ?
The RSI doesn't work well because overbought can also mean a bull run and the trend will continue. Oversold also can mean the dump will continue.
very true, it's better to stick with a trend then going against it.
Great video, strategy outlined clearly. Will backtest to see results. Does it work on all timeframes ? Please do a video on how to trade trend continuation.
Yes it does. Great suggestion👌
I was about to ask the same question. Thanks for the video.@@pinetrades
Nice this is new and it looks cool. I'm testing it now.
This guy gives you a great opportunity to solve your money problems... Don't miss it
Hi @PineTrades can you make a backtest on using this new RSI with chopiness index to see if it's possible to make a viable strategy using them together ? thank you !
Your videos and indicator views are very useful, but due to blurring of all your videos, I cannot understand how to install the indicator, please type the setting in the description,
Can you make video for just crypto trading indicator only for specific, Polygon MATIC, And love your video
Deceptive title. This isn't a NEW RSI indicator. Is just simple data processing and visualization on the standard RSI.
Nice video, I’ll put it to the test tomorrow. Thanks!
If you want to differentiate yourself from the others that make videos like this I suggest doing a few things at the start of your explanation of the strategy.
1. Explain your chart set up by telling people the timeframe you used. As a viewer I want to know if the strategy works between 1m all the way up to 4h.
2. Tell us what securities you tested the strategy on.
That’s just my two cents but thanks again.
Thank you for your comment! We're glad you found our video helpful and are planning to test the strategy. In future videos, we'll definitely mention the timeframes used, from 1m up to 1D, to give viewers a clearer idea of the strategy's applicability across various timeframes. Additionally, we'll include information on the specific securities we've tested the strategy on, which will help demonstrate its versatility across different markets. Your input is invaluable, and we're always eager to enhance the quality and relevance of our content for our viewers. We believe that incorporating your suggestions will make our videos even more informative and engaging.
Thanks again for your support, and we hope our future videos continue to meet and exceed your expectations🙏
Thanks buddy, this one was so useful
this strategy can use on any pairing with H1 chart ?
Any data feed recommendation?
This indicator is very good for commodity trading like crude oil or natural gas.. excellent and very simple to use... Anyone can earn money with this indicator..thanks a lot as this indicator is by far more accurate than others in the market...
Thanks for sharing that, and you're welcome
Standard RSI is lagging. I only use to spot divergence... Thanks for this scheme
My pleasure
@8:07 you said Pivot point super trend must me red and price must be trading above.. Should it not be below?
@KATHIMORGAN is her user name for help.
i have a question for swing trade what time frame i have to use ?
love this video. Found lots of value
It seem like a great strategy and I think the new RSI is an awesome indicator. Thank you for the wonderful video and illusteration.
Why are people saying that ABNB will buy VERB at $6.00? Maybe they don't want competition?
@KATHIMORGAN is her user name for help.
What’s the time frame to use on this?
Brother.. which timeframes to see.. while using this indicator... ??
Any timeframe will be okay
Can you use the blocker you mentioned if you are a US citizen?
Yes
Thank you. Awesome
I assure you that I will test this strategy and come back with situations of bear or bull traps if I come across them. Hope you will be able to advise me.
You are the master of money making! ty for you care
You're welcome 😁
good very good, thanks please make video on VWAP...
I dont like it. I rather keep the stochastic rsi. its never failed me and why change something thats working.
Thank you, very helpful.
Superb , Thank you , God bless you...
does the strategy works on shorter timeframes?
It should👍
Great work ❤❤❤
can you do a video on your gold scalping please?
I use XAUBOT, the gold trading bot which I already did a video about.
is this only applicable to 1h timeframe?
No, it can be used on any timeframe. Not just the 1 hour
👌 great . Appreciated 💪🏻
No problem 👍
Excellent.
Thank you! Cheers!
I love using the Cvd with the Rsi
what is the cvd i'm looking into it i love testing indicators
TESTING IT
Sir Thank you so much
Provide the indicator name of new rsi
It's mentioned all over in the video
Nice explaination
Thanks and welcome
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Hi Sir
Can I help you with editing?
Great vídeo! Thanks.
Do you know about any crypto screener that can check rsi signal cross 50? With alert..
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
Even in the current crypto dip, I’m happy I can smile back at my portfolio of $86,700 made from my weekly trade within a short period.
@@tracynguyen726 Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
@@mustaphasiddique6575 I will recommend my current trader Mrs Katherine Flores, she is from USA and her strategies are earning a lot profit for me..
Isn't that the same Mrs. Katherine Flores that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
Much appreciated!
You bet!
MUCHO MEJOR GRACIAS POR EL VIDEO
Tks sr..
New RSI Parameters please
thanks sir..
Most welcome 😊
How can I use this in metatrader 4?
Nothing new in this rsi......
Thanks
Welcome
Naah not that easy
Having success in your businesses and investments is a great feeling especially when you’ve had fails or losses in the past years. And this not for promotional purposes but I recommend a strong handed professional like Expert Matej for your investment management
You invest with Mr Matej too? Wow that man has been a blessing to me and my family.
Everything I worked for was lost in trading until I met Expert Matej who made me regain my stability and become financially free
Do you mind hooking me up with him? I'm new to this
He’s always active on what’s app
+1912
Only pass 30% time
Did you add any other confluences, like price action?
Great video. I make huge profits on my investment since i started trading with a professional broker Mrs Kathi Morgan, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥
Ever since i started trading with Mrs Kathi with the consistent weekly profits i'm getting there's no doubt she's the best. such a genius I have been withdrawing my profits thanks for your great work and God bless you more..from Slovenia
Wow! Pretty good please how can i reach this Mrs Kathi Morgan everybody is talking about? I want to invest i'm from Canada
Thank you for the level-headed financial advice. I started my investment with $8,500 in just a week of trading with her I’ve gotten profits of $19,750 in my portfolio. Thank you Ma'am
@KATHIMORGAN1 is her user name for help.
Surprise to see others who trade with Mrs Kathi Morgan, i am currently on my 7th trade with her and my portfolio has grown tremendously.
are paglo chart background white rakho
nice
🎉🎉🎉
sàm
Yawn!
nice