Exceptional content. I've been watching a lot of your videos in full and my knowledge has skyrocketed in very little time. Thank you so much. You are truly a great teacher.
This is a very good video. However, not all trading flatform allow you to modify. In the 3 Strategies of RSI. I can not use anything since i use ThinkorSwim and they do mot have the RSI SMA study. I wish you can write books and have script written for each trading flatform like ThinkorSwim, Trade Station or Trading View. Thank you. Yoi can speak slower so listeners can follow without getting lost.
Again a fantastic video. The content and knowledge shared is truly priceless. Glad to be a subscriber. Kindly make a video for Stochastic RSI and MACD please.
Thank you very very much... It is really important information for me... I am struggling with shifting the range ..and you clear it... Not only that you add more advance strategy in my study... Thank you again ... Love your channel 🙏☺️
Sorry, but based on Wilders RSI you calculated false. Wilders RSI is based not on SMA's, but instead on EMA's. For all the other explained points I'd judge them explained quite well. To the concept you mentioned dividing the RSI range into (strong) bullish, sideways, (strong) bearish, which makes 5 "bands" of RSI ranges... I know this concept, as it is mentioned by different TH-camrs and similar sources... Let me comment it shortly: I hopefully needn't tell you, that the named levels (20, 40, 60...65, 80) are v e r y hypothetical values. To speak frankly... this approach looks to me like the unsuccessful attempt to optimize an optimized optimization... I do know about the idea of this concept though, b u t be honest: The given values won't work at least nearly reliably and would have to be evaluated and re-adjusted from market to market - and even then additionally from time to time - which makes it - in my eyes at least - more a toy like a real tool. You explained correctly the mostly useless and misleading "overbought/oversold" concept using 30/70 levels (even 20/80 won't word half-way reliably according to my own observations and experiences over time), which is very good!. According to my experience the most powerful way to make use of an RSI still is the concept of divergences (direct, indirect/hidden, bullish, bearish) in conjunction with - correctly said - extreme levels of the observed RSI, which means, that the more extreme the initial RSI level was (of 2 observed points forming an upcoming divergence), the higher a chance of a following-up trend change can be expected. Then congratulations for being now the first TH-camr explaining the way of using RSI of different time frames to detect a market movement direction, giving a signal in a shorter time frame RSI the "TO" to act as a trading signal (presumed a reasonable price action visible). The only point I would like you to correct (because this point really changes the quality of signals significantly... I use o n l y Wilders' RSI working with EMA's of gains and losses. I needn't tell you the difference of EMA and SMA in respect to out-of-average movements, which were evaluated in the moment of their occurrence well, but... when they "leave" the observed time frame, they generate a contradictory signal on the associated indicator, what most likely is a misleading move and... should usually be avoided. Wilders' RSI is only for the first (initial) value calculated as you explained. Each following tick is calculated by calculating the gain (as well as the loss) EMA using (in case of using the standard value) a smoothing factor of 13/14, which means, that the new value is weighted by 1/14. This can be seen on some RSI using systems, which RSI shape is always - even with very different time frames - at least equal, while using SMA this won't be the case. According to my practice the RSI based on Wilders' concept gives way more comprehensive divergence points and... different time frames work very well together, even though the method of evaluating them needs to be adapted a little - of course.
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1:19 Basics of RSI
3:03 RSI Calculation
6:44 Significance of RSI
8:07 Limitations of RSI
9:46 Modification of RSI
15:02 Uses of RSI
17:34 RSI Divergence
21:32 3 RSI Strategies
Thank you 🙌🙏
THIS IS THE BEST DETAILED EXPLANATIONS ON TH-cam…THANK YOU AND KEEP DOING A GOOD JOB
Buddy, I must admit that this is one of the comprehensive content on RSI. I really appreciate. You got a new subscriber...
Thank you & Welcome aboard!
What time frame suit this startegy?
Exceptional content. I've been watching a lot of your videos in full and my knowledge has skyrocketed in very little time. Thank you so much. You are truly a great teacher.
One of the best videos on RSI. Thanks for sharing this information.
I hope this channel reaches millions of people soon
Indeed the ONLY RSI VIDEO one needs to watch. Would love to se video where the strategies are explained with examples.
Excellent video
I use a length of 20 for a better exit and entry. Makes for your knowledge.
YOUR CHANNEL IS THE MASTER PIECE OF TECHNICAL ANALYSIS.
to be honest i was using rsi from long but after that video now rsi became beast 😂😂
One of the best videos in RSI. Real knowledge no bakwaas. You are doing a great job bro. Please keep up the good work. 👍
The best video i have ever watched about rsi.i have just came cross about you but i m so pleased that full of knowledge about rsi.KIND REGARDS .
Very well explained sir how can i get your full course on trading pls guide
First time ever i got to know how to place stoploss n target using rsi
Best RSI video on utube, thanks !
Nyc presentation 😊😊😊😊😊
I would like to share ur knowledge and give to evidence indicator
Thank for dedicated 😊😊😊😊
Great work🎉🎉🤍
It's fits with video title ... well done
Thank You Very Very Much Sir. RSI Total Information Knowledge Technical Analysis sharing great video sir . GOD BLESS YOU SIR . Tq Sir .
It's very clear and understandable.. thanks sir. Can we have pdf format sir ? Then it would easy for more understanding. Pls consider sir
Love your work, very educational.
EXCELLENT. TOO GOOD TO WATCH AND LEARN. GOD BLESS YOU
This is a very good video. However, not all trading flatform allow you to modify. In the 3 Strategies of RSI. I can not use anything since i use ThinkorSwim and they do mot have the RSI SMA study. I wish you can write books and have script written for each trading flatform like ThinkorSwim, Trade Station or Trading View. Thank you. Yoi can speak slower so listeners can follow without getting lost.
One of the best videos on RSI.
THANKS
Means a lot. Thankyou!
The best video on RSI.. Thank you...
You are most welcome
♥️♥️♥️♥️ great vedio brother
Best vedio till date
very clear sir. best video for ever
again very well explained video, your work is really good.
Again a fantastic video. The content and knowledge shared is truly priceless. Glad to be a subscriber. Kindly make a video for Stochastic RSI and MACD please.
Thank you for the video
Saved this video, thanks again!
Sir please Hindi mai pura playlist kijiya...
THANK U DEAR.................................................
LOVE U :)
Best informative video, thanks
Really a nice information
Thank you
Thank you sir
Sir plz a make a video in hindi also on rsi
Great videos
thanks u very much
Hope this video make me profitable trader
thanks a lotttt.....😍🎊🎉🎊🎉🎉 👌👌👌👌👌
Best of the best... awesome
Thank you very much sir
Big thanks bro 👍
Thanks sir god bless you
Good information🙏
Nice information thank you
Thanks sir for making great content ♥️♥️
Will continue making more. Keep supporting 🧡
are you from Kerala? meanwhile, great video
Thanks a lot sir.
Thank you
Thanks
Hello. You’re content is awesome and I’m a new subscriber! Is there a way to download the slides from your various videos - free or paid?
Thanks for the video....
Thanks Sir
Keep it up ❤️
Thank you very very much... It is really important information for me...
I am struggling with shifting the range ..and you clear it...
Not only that you add more advance strategy in my study...
Thank you again ... Love your channel 🙏☺️
Glad it was helpful!
Great, many thanks
Thank you too! For supporting.
11:00, 24:40
Free indicator you have suggested has EMA and SMA. Also RSI 200 is a misnomer.
You are best at least introduce your name in the starting.
Advance level please make video
What would you like to learn?
Sorry, but based on Wilders RSI you calculated false.
Wilders RSI is based not on SMA's, but instead on EMA's.
For all the other explained points I'd judge them explained quite well.
To the concept you mentioned dividing the RSI range into (strong) bullish, sideways, (strong) bearish, which makes 5 "bands" of RSI ranges... I know this concept, as it is mentioned by different TH-camrs and similar sources...
Let me comment it shortly:
I hopefully needn't tell you, that the named levels (20, 40, 60...65, 80) are v e r y hypothetical values.
To speak frankly... this approach looks to me like the unsuccessful attempt to optimize an optimized optimization... I do know about the idea of this concept though, b u t be honest: The given values won't work at least nearly reliably and would have to be evaluated and re-adjusted from market to market - and even then additionally from time to time - which makes it - in my eyes at least - more a toy like a real tool.
You explained correctly the mostly useless and misleading "overbought/oversold" concept using 30/70 levels (even 20/80 won't word half-way reliably according to my own observations and experiences over time), which is very good!.
According to my experience the most powerful way to make use of an RSI still is the concept of divergences (direct, indirect/hidden, bullish, bearish) in conjunction with - correctly said - extreme levels of the observed RSI, which means, that the more extreme the initial RSI level was (of 2 observed points forming an upcoming divergence), the higher a chance of a following-up trend change can be expected.
Then congratulations for being now the first TH-camr explaining the way of using RSI of different time frames to detect a market movement direction, giving a signal in a shorter time frame RSI the "TO" to act as a trading signal (presumed a reasonable price action visible).
The only point I would like you to correct (because this point really changes the quality of signals significantly... I use o n l y Wilders' RSI working with EMA's of gains and losses.
I needn't tell you the difference of EMA and SMA in respect to out-of-average movements, which were evaluated in the moment of their occurrence well, but... when they "leave" the observed time frame, they generate a contradictory signal on the associated indicator, what most likely is a misleading move and... should usually be avoided.
Wilders' RSI is only for the first (initial) value calculated as you explained. Each following tick is calculated by calculating the gain (as well as the loss) EMA using (in case of using the standard value) a smoothing factor of 13/14, which means, that the new value is weighted by 1/14.
This can be seen on some RSI using systems, which RSI shape is always - even with very different time frames - at least equal, while using SMA this won't be the case.
According to my practice the RSI based on Wilders' concept gives way more comprehensive divergence points and... different time frames work very well together, even though the method of evaluating them needs to be adapted a little - of course.
Agree about divergence..Yes. Rest the ranges are too contradictory
👌👌👌
New Sub
Welcome aboard!
Believe me
You don't know what you don't know untill you need to know
I don't know too 😂
❤️❤️❤️
Bhai Hindi me banao
HINDI ME BI SAMJHA DO SER EK VIDEO
I don't like RSI
😂😮😮😮❤❤❤🎉🎉🎉🎉
what is our e mail id please. i like to ask a doubt
What a fantastic content. Thanks for all the efforts. I am soon goijg to watch all your videos.
thanks a lotttt.....😍🎊🎉🎊🎉🎉 👌👌👌👌👌
Great, thanks lot
Thanks boss
Any time