In this video, I will show you the best strategy that you can use with 2 Moving Averages + RSI + the Momentum Indicator.
The Relative Strength Index (RSI) is a measurement used by traders to assess the price momentum of a stock or other security. The basic idea behind the RSI is to measure how quickly traders are bidding the price of the security up or down. The RSI plots this result on a scale of 0 to 100. Readings below 30 generally indicate that the stock is oversold, while readings above 70 indicate that it is overbought.
The MOMENTUM indicator is a tool that traders use to determine the momentum that a financial instrument (stock, options, futures, currencies, etc) has when it is gaining or falling in the market. Simply put, momentum indicator compares the current price with the previous price from a given number of periods ago.
A simple moving average (SMA or MA) is the simplest type of moving average. Basically, a simple moving average is calculated by adding up the last “X” period’s closing prices and then dividing that number by X.
You will learn about:
- What is and how to use the Simple Moving Average (MA).
- How to Set up the Simple Moving Average (MA).
- What is and how to use the Relative Strength Index (RSI).
- How to Set up the Relative Strength Index (RSI).
- What is and how to use the Momentum indicator.
- How to Set up the Momentum indicator.
- How to Entry and Exit.
- How to put the stop loss and take profit.
- Ratio risk/benefit .
I hope this strategy has been useful to you, do not forget that before trying it with real money, you need to try it in a DEMO account so that you can put it into practice by yourself, do not forget to subscribe, so as not to miss ANY STRATEGY , as we upload the best strategies, every week.
Have a happy trade 🙂
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Disclaimer: This video should not be considered as financial advise and was only created for entertainment/educational purposes. I will never ask you for money or information nor will I ever give you financial advice.
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INSANE Momentum + RSI Strategy (CRAZY RESULTS)
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