Welcome to the first lesson from Lets Go Crypto! We aim to educate people who are struggling to understand indicators, and how to use them when it comes to trading. Hope this is helpful for all of you people out there, who are looking for some kind of lessons. If at the end, you do not understand or have any questions, feel free to ask in comments below. Today,...
Ultimate Oscillator: This is a range-bound indicator, which means the value fluctuates between 0 and 100. Similar to the RSI, levels below 30 are deemed to be oversold, and levels above 70 are deemed to be overbought. Transaction signals are derived by finding situations where the price is going in opposite directions than the indicator. Once this divergence has...
Not Financial advice. For my personal education only. This shows how someone could use the stock RSI to trade, The idea is to make a trade when the Stoch RSI moving average lines cross each other. But as with all indicators this isn't a fool proof strategy, as high lighted in the green circles that when the market moves sideways you can potentially lose...
This technique pans out more often than not and is easy to chart with the tradingview tools.
The RSI rollercoaster in my opinion is one of the safest trading strategies, because combines a clever use of the stop-loss at points that guarantee receiving a good percentage in profit. It is particularly good when you do middle term trading, and you have regular jobs which impede being in front of the charts regularly. Nevertheless there is one situation about...
Hi guys! I've decided to continue exploring various instruments. Today we'll talk about Stochastic oscillator. But before we start, I have an important message for you. Using indicators with their default settings will not yield good results. I try to tell you not only about basis but about different specificities of each instrument. That will make your...
General RSI Indicators applied to the ETCBTC D chart (where present). This helped me in taking in the lesson below from Crypto Cred. I hope others find it useful. Source Used: Thanks Crypto Cred!! www.youtube.com www.babypips.com
Both dipping and recovering price cycles represent good buy-ion points for BTC day trades. There are a multitude of good buy ins given the above indicators and bollinger band overlay (200 day SMA). When price is falling, the lower standard deviation of the bollinger bands are helpful in establishing buy in points. When price is collapsing initially after a high,...
The relative strength index (RSI) is a momentum indicator. It is primary used to attempt to identify overbought and oversold conditions. It is considered overbought when the RSI indictor is above 70 and it is a sign to make a short, and oversold when is below 30 and it is a sign to make a long.
-is to find out if the momentum is getting stronger or weaker, if the chart make a higher high and the indicator made lower high so it refer to; the momentum is decreasing, in order to spot the (breakout from fakeout) -in this example we have a rectangle consolidation, you can see the first breakout was a fake out, here we'll use divergence to spot this fake out...
The following chart shows the enhanced RSI indicator in with the settings of the current dominant market cycle. The cyclic-smoothed (cRSI) indicator is able to indicate price turns analog to indicator turns above/below the cyclic lower/upper much clearer than the basic RSI. The indicator is available for usage in TradingView:
Today, I show this example for you to understand why bullish divergence is important for an entry order. FWD.AX is selected because VectorVest indicator RT crossover occurred on 4 May which is the same day that Stochastic (8,3,3) crossover occurred Value of RT changed from 0.97 (3 May) to 1.03 (4 May) Value of RT yesterday was 1.53 If you hold this stock since...
Due to the nature of an oscillating indicator such as an RSI vs lagging idicators such as MACD, the breakout of the RSI Linechart may indicate a range breakout and volatility expansion before price action.
I am fairly new to this but have been testing out this technique with stochastics and MACD and it works well for me. Once stoch goes bullish from oversold, wait for MACD to cross and confirm a bullish trend is emerging and buy. When we have reached a peak and it's time to sell - stoch will cross to bearish from overbought followed by MACD. This works well with...
You need to read the tutorial first before this post. Here is the tutorial : This is an example of how to apply the concepts I explained in the oscillators tutorials. I have numbered the text boxes so that you read them in the correct sequence. Start from the left hand side and move along the chart. In this example we have applied some basic concepts like...
Note: A prerequisite tutorial about trends is posted in the related links below. Oscillators can be a very useful indicators in trading if used correctly. However misusing them will only return disappointing results. Some of the most popular examples of oscillators are the stochastics, and relative strength index . I will use stochastic in this tutorial, but...
Hello Traders: we have a Hidden Divergence ( + ) in EURUSD Hidden Divergence says that in this position the prize will Rise Let's see that it is working or NOT Good Luck :::PEACE:::
Hello Trader: Although Divergence is same in MACD and RSI or any OSCILLATOR like this, shows Divergence. if this Chart is EDUCATIONAL then: If you wanna Learn more about Divergence then follow me to LEARN MORE... and please like for other TRADERS to give them the chance that the could also see this CHART and they learn too, something less from Market...