RSI relative strength index best strategy in 2022 that improve your trading style
What Is the Relative Strength Index (RSI)?
The Relative Strength Index (RSI) is a force marker utilized in specialized investigation that actions the greatness of ongoing value changes to assess overbought or oversold conditions in the cost of a stock or other resource.
If you use the Stochastic indicater than it will help you more the follow the trend and trade like a sniper
1 moment Scalping with RSI and Stochastic is a best pattern energy procedure high beneficial, in light of reletive Strength Index, Stochastic oscillator and Simple moving midpoints. This system, albeit designed to work at brief time span, is appropriate forever frames.The point of the technique is to look for a concordance between the overbought and oversold region of the energy pointers and the intersection of the moving midpoints the other way, as well as the divergences that are shaped are an incredible market.
Best RSI settings for 1 minute chart
The RSI 1 min strategy is very simple nut how we answer this for you
strategy setup
First of all , you have to setup your strategy
chose a pair which you want to trade in mt5 or mt4 than click on the top right corner on { F }
after clicking on the { F } than you just apply the relative strength index on your chart when indecater added on the chart than go to the 1 min timeframe chart
Strategy
If the relative strength index line crosses the level of 70 than you can take a sell trade and when ever the line comes to the 30 level than you just get out of the market and close you trade and enjoy your profit. It is very simple strategy
on the other hand for taking buy position you just and watch the market if the RSI blue line comes to the level 30 or cross the level of 30 than you can take a buying trade and hope so this trade also go in profit but the main thing is this you will not a trade when ever the blue line of RSI in center of 70 and 30 level
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