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

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. ---------------------------------- 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... ---------------------------------- 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... ---------------------------------- 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...   ---------------------------------- 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...   ---------------------------------- To learn more about #RSI and similar concepts you can attend Market Pathshala and Traders Nest programs which are conducted by our team regularly. THURSDAY, 13 APRIL 2023, 4:30 pm - 5:30 pm The week that was & the possibilities - Online, Free https://www.definedge.com/event/the-w... SATURDAY, 15 APRIL 2023, 10:00 am - 5:00 pm Options- The long and short of it - Online, Paid https://www.definedge.com/event/optio... SATURDAY, 22 APRIL 2023, 10:00 am - 5:00 pm Definedge Online Market पाठशाला - Online, Paid https://www.definedge.com/online-mark... SATURDAY, 22 APRIL 2023, 2:30 pm - 5:30 pm MANTHAN Traders’ Meet 2023 - Online, Paid https://www.definedge.com/manthan/ MONDAY, 8 MAY 2023, 9:00 am - 4:00 pm Online Traders NEST 2023 - Online, Paid https://www.definedge.com/online-trad... ---------------------------------- The Definedge Universe Definedge is primarily a product, research, and education company that also offers stock broking. All Definedge tools are now available to you for FREE on all market segments like NSE, F&O, BSE, MCX, and CDS in real-time A few years ago, we conceived an idea of demystifying and simplifying trading and investing with our innovative tools and techniques. Now it is our intention to bridge the gap between analysis and trading platforms. We are on a mission to educate and build innovative & useful tools for our subscribers and empower them to take better decisions. We are always exploring ways and means to provide them more. We are driven by our willingness to contribute to the community Our Social - Instagram:   / definedge_   Facebook:   / definedge   LinkedIn:   / definedge   Twitter:   / definedge   ---------------------------------- 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