Understanding the RSI indicator and trading strategies based on it : The best explanation ever !

Описание: Understanding the RSI indicator and trading strategies based on it: The best explanation ever !
#RSI #Askdefinedge #trading #Rzone #Tradepoint #definedgesecurities

Dear viewers, we are pleased to present you with another exciting video by Prashant Shah. There was a question on #askdefinedge regarding trading strategies using the RSI indicator. After watching this video, you will not require any further explanation of RSI. You will gain a new perspective on designing trading strategies using RSI or any other indicator.

Key Takeaways from this video -

0:00 - What exactly is RSI and the logic behind it?
1:21 - The concept of RSI?
3:07 - A Practical example.
7:50 - The concept of overbought, oversold, bearish & bullish RSI
11:48 - Positive and Negative crossover
12:19 - Strategies using RSI
19:05 - Various Types of RSI indicators
21:41 - Advantages of Noiseless RSI
22:20 - Back Testing RSI on RZONE and Advantages after calculating - Success ratio, Risk Reward, Expectancy, Average Return per trade etc.

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Prashant sir is using Zone and Tradepoint along with RZONE which is our Unique platform for Technical Scanners & Backtesting. https://zone.definedgesecurities.com/ https://www.definedgesecurities.com/p... https://www.definedgesecurities.com/p...
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You can access Prashant sir's Book - "Outperforming the Markets using Relative Strength And Breadth analysis: With live market data, Examples and Unique techniques" on SHELF for free if you have a Demat account with Definedge securities - https://shelf.definedgesecurities.com...
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More Videos on RSI by Prashant Shah -

RSI Indicator को देखने का एक नया तरीका | Noiseless RSI | Definedge | Prashant Shah
   • RSI Indicator को देखने का एक नया तरीका | N...  

RSI & Price मे Divergence का मतलब क्या होता है. अपने Indicator को ठीक से जानना जरुरी है|
   • RSI & Price मे Divergence का मतलब क्या होत...  
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You can check out more videos by Prashant Shah – You, Me & Relative Strength - A session by Prashant Shah in #DECMA22 | Definedge |
   • You, Me & Relative Strength - A session by...  

Trading Strategy बनाइये बिना Coding सीखें Rzone के साथ और जानिए कौनसा Strategy बेहतर है    • Trading Strategy बनाइये बिना Coding सीखें ...  

Learn Trading with Renko charts (Hindi) | Definedge | Noiseless Charts
   • Learn Trading with Renko charts (Hindi) | ...  

A different way of trading the markets, Learn Point & Figure charts from basics (Hindi) - Part 2    • A different way of trading the markets, Le...  

A different way of trading the markets, Learn Point & Figure charts from basics (Hindi) - Part 1    • A different way of trading the markets, Le...  

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To learn more about #RSI and similar concepts you can attend Market Pathshala and Traders Nest programs which are conducted by our team regularly.

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Disclaimer: -
● Futures, stocks & options trading involves substantial risk of loss & is not suitable for every investor
● Past results are no indication of future performance
● All trading strategies are used at your own risk
● None of the content shown here constitutes a recommendation
● Please do your due diligence before taking any trade

#RSI #Askdefinedge #trading #Rzone #tradepoint