Beginner Guide to the RSI Indicator

The Relative Strength Index is arguably the most popular technical indicator when it comes to trading. But being popular doesn’t always make you right or easy. David Jones knows this and is here to give a helping hand to those just starting their journey in the world of the markets, as well as those who’ve had a bit more experience.
He goes over the way it’s calculated, its parameters and default settings and goes on to show it in real examples. There you can see it at peak performance but more importantly - when a bit more attention or caution is necessary to use it properly.
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Пікірлер: 603

  • @ronaldsimmons7316
    @ronaldsimmons73163 жыл бұрын

    I use my age-old Murphy's Law Trade formula: Whenever I buy a stock, it always goes down. When I sell it, it always goes up. It never fails.

  • @kobepower

    @kobepower

    3 жыл бұрын

    that means ur timing is off. so look at what time u buy and take 30 mins to wait i been there

  • @szbmedia

    @szbmedia

    2 жыл бұрын

    Brilliant 🤣

  • @76biggdogg

    @76biggdogg

    2 жыл бұрын

    Just do the opposite of your initial plan .... Easy peasy, lol .... Jk of course

  • @76biggdogg

    @76biggdogg

    2 жыл бұрын

    You are most likely trading against the bigger trend.

  • @NxGDE50MErK

    @NxGDE50MErK

    2 жыл бұрын

    Whelp, when you take a trade get a loved one to do the opposite, I'm sure they'll thank you when they're rich 🤑

  • @MrPangulo007
    @MrPangulo0075 жыл бұрын

    "you have to be patient,(which is a problem for all of us)" true that.

  • @tunim4354

    @tunim4354

    3 жыл бұрын

    😁👍🏼

  • @cheesy888au
    @cheesy888au6 жыл бұрын

    Thank you. You’re one of the few you tubers who can explain things simply and you have helped me immensely.

  • @GianniGirolamiJiening
    @GianniGirolamiJiening4 жыл бұрын

    really like David's introduction of the "divergence" part and the use of several lows as reference for a stop-loss. very valuable!

  • @integer22
    @integer223 жыл бұрын

    This series is so good, by far the best I've found on KZread. Great work David, you're a brilliant presenter and educator and it is very much appreciated. The quality of these videos far exceeds what I'd expect for a free KZread series, thank you!

  • @prokter8bp669
    @prokter8bp669 Жыл бұрын

    5 years after this video is posted and still so relevant. im new to trading and ive learnt so much from your videos. David your a top teacher. Thanks

  • @Rios101

    @Rios101

    Жыл бұрын

    Facts!!! Also relatively new to trading. And it isn't easy as it seems

  • @kenbridgeman8590
    @kenbridgeman85904 жыл бұрын

    So nice to have somebody TALK to us instead of yelling at us. Really like your communication style. Thanks!

  • @mr.everything183
    @mr.everything1833 жыл бұрын

    Had no idea about this divergence thing, but I went and looked at some old investments, and wow. It’s so clear now.

  • @darinwade7768
    @darinwade77685 жыл бұрын

    Excellent overview I learned fast on this one..RSI are great for determining how long a sell trend will last, thanks you for teaching RSI in a less complicated view, thank you the background charts are visible and always say what studies and indicators your using big thank you..

  • @nflbestfootballclipsever9138
    @nflbestfootballclipsever91382 жыл бұрын

    I'm glad I found your station on KZread. You have quite the calm demeanor when you teach. What a great guide to the RSI

  • @Andrew-yl7lm
    @Andrew-yl7lm4 жыл бұрын

    Good video as always, been using 212 for almost a year and I've had success following advice and tips from these. Really good job guys, thanks.

  • @joeybaez1745
    @joeybaez17456 жыл бұрын

    LOVE THE WAY YOU EXPLAIN THINGS, VERY UNDERSTANDING. THANK YOU SO MUCH DAVID

  • @crazyyutober1150
    @crazyyutober11504 жыл бұрын

    You are the best. I try the MACD and RSI with my DEMO account, and you are 100% right!

  • @alexs555
    @alexs5552 жыл бұрын

    Still watching and learning in 2021. Thank you for your hard work putting the videos online!

  • @BruceWangOfficial
    @BruceWangOfficial4 жыл бұрын

    I’ve prob made the most profits from RSI. Thanks for the tip about bullish/bearish divergence. Will look out for that!

  • @brendangolledge8312

    @brendangolledge8312

    4 жыл бұрын

    Really? What asset and what strategy? I looked at the history of rsi vs price movements on bitcoin and found that it was essentially correct on the scale of weeks, but as good at flipping a coin in the scale of years. I was thinking from this that it shouldn't be used for anything apart from judging the timing on markets that you already want to enter/exit.

  • @hareshadvani3543
    @hareshadvani35432 жыл бұрын

    Thank you. You have explained things in a very simple and concise way. I have seen so many videos of other channels, I do not understand. find the concepts complicated, leave it half way...You have explained it so well, I cannot believe it could be explained in such a simple, to the point manner. Thank you again. Keep up the good work.

  • @nerdkeyboard
    @nerdkeyboard5 жыл бұрын

    Thank you, Sir. You have done a wonderful job in explaining the RSI. This has truly helped me.

  • @climberly
    @climberly6 жыл бұрын

    Awesome video! It really helps. Keep up the good work!

  • @stevenmccarthy794
    @stevenmccarthy7946 жыл бұрын

    Thank you, you explained it so simply and so clearly. Very helpful. This is the first of your videos I have seen but I will be looking at some more. Thank you.

  • @onsitelr3692
    @onsitelr36924 жыл бұрын

    I love your videos, you honestly explain everything so simply yet with so much detail I really appreciate your knowledge! Thank you!

  • @ahhmrbond
    @ahhmrbond6 жыл бұрын

    Really fantastic video yet again. Thank you.

  • @fitnesslibrarian9013
    @fitnesslibrarian90136 жыл бұрын

    My god. I’ve just been obsessed with trading lately. These videos are the best I have found. You are a gem. Thank you for getting me even more balls deep into this subject.

  • @TheHannible

    @TheHannible

    6 жыл бұрын

    Did you start trading P? If so how are you doing I am still reading reading reading!

  • @ch3ckm8

    @ch3ckm8

    5 жыл бұрын

    Learning RSI is definitely essential for trading. Probably the easiest and most reliable indicator in existence.

  • @Remembering-rq6si

    @Remembering-rq6si

    5 жыл бұрын

    @Casual The RSI is practically worthless as are other "technical indicators." Go ahead and use it to compete with supercomputer algorithms. Idiots day trade. It's Darwinian.

  • @markassbrownlee2739

    @markassbrownlee2739

    5 жыл бұрын

    Remembering 1992 what about swing trading?

  • @abhishelke123
    @abhishelke1235 жыл бұрын

    Man let me thank you as setting of 10 periods for RSI has made all the difference for me.

  • @rolexrakes5290
    @rolexrakes52904 жыл бұрын

    very good presenting, clear, concise, to the point, does not over labour points or drone on, relaxed consistent approach. Thanks for doing what you do well! Really helps.

  • @MrMichaelBPedersen
    @MrMichaelBPedersen6 жыл бұрын

    This is some great advice, loving the in depth explanation and tips, rather then just talking simple signals.

  • @itzradianttv7536
    @itzradianttv75364 жыл бұрын

    Great and informative. have always wanted to know more about RSI I see. Thanks, David!

  • @bridges174
    @bridges1745 жыл бұрын

    I appreciate this video and your teaching style, good stuff.

  • @aspencouloir761
    @aspencouloir7615 жыл бұрын

    Simple and very helpful, thanks!

  • @thesidehustlecrew6533
    @thesidehustlecrew65334 жыл бұрын

    Simple and lucid explanation of the concept. Thanks a ton!

  • @Mr_Chuckles
    @Mr_Chuckles6 жыл бұрын

    Excellent series, thank you for sharing!!

  • @sasidharanpillai4285
    @sasidharanpillai42856 жыл бұрын

    you are explaining in simple terms and newly known about divergence , thank you sir

  • @electronicmau538
    @electronicmau5382 жыл бұрын

    This was great! Thanks for explaining it in such a simple way!

  • @jamesodom4980
    @jamesodom49805 жыл бұрын

    Thank you for the awesome advice, very direct into the point

  • @labjujube
    @labjujube6 жыл бұрын

    very helpful! I just found that WMT had a bullish divergence at 02/05/18 and 02/09/18... Might have made a profit if have seen this video earlier!

  • @SaltwaterOutlaw
    @SaltwaterOutlaw4 жыл бұрын

    Great job explaining the concept, look forward to checking out some more of your videos.

  • @TomyBach
    @TomyBach4 жыл бұрын

    Thank you for explanation of this oscillator ❤️ Helped me a lot

  • @TheConsciousParentingShow
    @TheConsciousParentingShow2 жыл бұрын

    This was really simple and easy to understand. Thanks David.

  • @misseyespy1
    @misseyespy16 жыл бұрын

    Great i will give it a go thank you ! easy to follow !

  • @alireza4734
    @alireza47344 жыл бұрын

    Your explanation is fantastic. You teach everything in a very good clear way but I highly recommend you to try to use Word or something like that for writing formulas and notes. Thanks a lot David.

  • @ShadowXTrading
    @ShadowXTrading6 жыл бұрын

    Excellently explains. Thanks

  • @srirangaswamy8986
    @srirangaswamy89865 жыл бұрын

    Thanks David. Highly appreciate precise info

  • @chesterstoyeck9558
    @chesterstoyeck95585 жыл бұрын

    Enjoyed the Video. You explain the RSI very well.

  • @Hollyweed1
    @Hollyweed14 жыл бұрын

    Thank you for explaining so elegantly 🙏

  • @fausto412
    @fausto4126 жыл бұрын

    Finally someone explainjng this. Thank you.

  • @jimmytru6374
    @jimmytru63744 жыл бұрын

    Thanks 😊 David this was a big help I understand the the RSI indicator now

  • @MichaelMatienzo
    @MichaelMatienzo6 жыл бұрын

    These videos are amazing. Thank you!

  • @samfirth6081
    @samfirth60816 жыл бұрын

    Great video thank you for explaining that!

  • @nickjordan2610
    @nickjordan26105 жыл бұрын

    This was perfect. Thank you

  • @rishimahajan1
    @rishimahajan15 жыл бұрын

    Damn!! Didn't think that this was all I scared of . Too cool :)

  • @AriffAffendi
    @AriffAffendi6 жыл бұрын

    been subscribed to you,Sir since early this year. and start training Divergence for the past 3 months now. EURJPY H4 blips.... time to go short.

  • @prophismusic
    @prophismusic6 жыл бұрын

    Great advice on divergence. Thanks for your input

  • @marcusharvey5626
    @marcusharvey56263 жыл бұрын

    Explained so succinctly, thank you !

  • @omametlekkerkontje8744
    @omametlekkerkontje87446 жыл бұрын

    Great video! Thanks very much for making this :)

  • @mohammedabdullahmalik8888

    @mohammedabdullahmalik8888

    5 жыл бұрын

    Haha faka g wil je ook Forex traden?

  • @aldiwibowo8011
    @aldiwibowo80116 жыл бұрын

    Thank you very much for all hard work you do! I gain a lot from watching your channel. If I can suggest, please make more video about other indicators (e.g. ADX, William%, CCI, Parabolic SAR, etc). Thank you again!

  • @DeaconRob
    @DeaconRob5 жыл бұрын

    Thank you for the information! Very helpful!

  • @SinfulMeatStick
    @SinfulMeatStick4 жыл бұрын

    Thank you so much for this video, Definitely helped me understand RSI better .

  • @JimBrinkley
    @JimBrinkley5 жыл бұрын

    Excellent tutorial. Thank you. Subscribed!

  • @PRM_SVN
    @PRM_SVN3 жыл бұрын

    a mathematical and a simple explanation. gave me a good insight in the RSI area

  • @kashifkhan-kj7eu
    @kashifkhan-kj7eu6 жыл бұрын

    Thank you Davis, I am working on so many strategies and systems but believe me your video helped me to learn few new things about RSI, I loved your way of explaining, don't know if you have done this before but I would really like to see your trades in action, based on strategies/systems you're using :) ;)

  • @stephanlindstrom3296
    @stephanlindstrom32966 жыл бұрын

    Your videos are brilliant thank you I've learned a lot

  • @hodibaba69
    @hodibaba696 жыл бұрын

    Thanks for the video! Informative it was!

  • @jolitpanchal
    @jolitpanchal5 жыл бұрын

    Wow, thank you so much for this video .

  • @idbountyhunter
    @idbountyhunter5 жыл бұрын

    One of the best explanation that I have seen, thank you for your time in making this video.

  • @shreyankchhajer5497
    @shreyankchhajer54975 жыл бұрын

    YOU EXPLAINED PRETTY WELL! KEEP IT UP

  • @MrMathsimon
    @MrMathsimon2 жыл бұрын

    You explain things so easily. Subscribed!

  • @theresaglover5466
    @theresaglover54664 жыл бұрын

    GREAT INFO, THANK YOU

  • @PonteRyuurui
    @PonteRyuurui2 жыл бұрын

    this channel is pure gold

  • @rabinmushmush6716
    @rabinmushmush67165 жыл бұрын

    Thank you again Mr Jones.

  • @Felixkoifish
    @Felixkoifish6 жыл бұрын

    simple and easy . Thank You

  • @optionsbbq
    @optionsbbq6 жыл бұрын

    Very well done video and excellent points. Appreciate your approach.

  • @hspnew
    @hspnew5 жыл бұрын

    Thank you ! Clear as crystal

  • @deynna45
    @deynna454 жыл бұрын

    Wow this is great I was trading off volume as a new trader, I feel like I can do so much better now, great video

  • @vivrd
    @vivrd3 жыл бұрын

    This is AWESOME!!! Thank you sooooooo very much. Most crisp explanation. Thanks.

  • @user-en3qo6hy8n
    @user-en3qo6hy8n9 ай бұрын

    Your work is just incredible! Thank you for it

  • @ohwillyum3997
    @ohwillyum39976 жыл бұрын

    Thank you very much for the video. Very helpful.

  • @marekboguszewiczPM
    @marekboguszewiczPM5 жыл бұрын

    Very well presented , I’ve worked in trading floors myself to more in trading systems technology management, but have to say very precise and clear ...

  • @dr.reenabhatia8031
    @dr.reenabhatia80315 жыл бұрын

    thank you! very well explained

  • @sheikhwasim4190
    @sheikhwasim41906 жыл бұрын

    Great video and valuable information.. Getting to learn a lot of things through your videos Thanks a lot sir.. ✌🏻

  • @RajendranChinnaveeran
    @RajendranChinnaveeran3 жыл бұрын

    Very simple way clearly explained about RSI. Thanks.

  • @rachelclements1555
    @rachelclements15553 жыл бұрын

    Dude, you are a legend. Thank you for this.

  • @fredandersonweb
    @fredandersonweb6 жыл бұрын

    Another great explanation. Thank again!

  • @adamwie5054
    @adamwie50544 жыл бұрын

    Thank you, Great Job on Explaining!!!! Good luck to you

  • @hamiltontaylor9600
    @hamiltontaylor96004 жыл бұрын

    niice. I just learnt something very valuable. Thanks!

  • @bittieplease
    @bittieplease6 жыл бұрын

    Great video, thanks.

  • @Crypt0lamb
    @Crypt0lamb2 жыл бұрын

    Great, clear and helpfull. Thank you so much!

  • @rohitrambo555
    @rohitrambo5554 жыл бұрын

    Really helpful ... Your videos are probably the best and well explained.. Thank you so much . Please make a video on Calendar Spread. 🙏

  • @ScottWilder
    @ScottWilder5 жыл бұрын

    Great explanation of bullish and bearish divergence.

  • @shrutig5938
    @shrutig59386 жыл бұрын

    Thanks a lot sir for providing information waiting for more informative videos eagerly! It is really helpful.

  • @MFXCenter786
    @MFXCenter7864 жыл бұрын

    Great video and everything to know about RSI indicator. Thanks a lot

  • @deborah41541
    @deborah415416 жыл бұрын

    Awesomeness, thank you

  • @smash7777-
    @smash7777-5 жыл бұрын

    Awesome video buddy! Very easy to understand even for a beginner! .👍

  • @TopJoo7
    @TopJoo76 жыл бұрын

    Today, I understood what a bearish divergence is, thank you kind sir.

  • @July-A7

    @July-A7

    6 жыл бұрын

    There's no such thing as divergence that shows direction afterwards. It may go up just as well as down. Don't rely on divergences.

  • @LifeSuxAss637

    @LifeSuxAss637

    6 жыл бұрын

    thats any indicator or signal lol

  • @jaeprince6080

    @jaeprince6080

    5 жыл бұрын

    lmao

  • @moons4768

    @moons4768

    5 жыл бұрын

    Lol. RSI divergence is everything.

  • @tr4gik11

    @tr4gik11

    4 жыл бұрын

    @@July-A7 Its just an indicator Son like all indicators it does not predict 100% move on market , nothing does.

  • @divinesamadhi6039
    @divinesamadhi60394 жыл бұрын

    Thanks David Jones the Video was helpfull to study RSI more deeply

  • @deborahshields5555
    @deborahshields55554 жыл бұрын

    Excellent session - The Divergence is an awesome tip. Need to get the sharp eyes for the money!

  • @lu8364
    @lu83644 жыл бұрын

    Thank you! I like using RSI too.

  • @user-fb3tz1jm1j
    @user-fb3tz1jm1j6 жыл бұрын

    Thank you very much, it is very helpful

  • @idbountyhunter
    @idbountyhunter5 жыл бұрын

    Great video, has helped me a lot.

  • @niamhbartlett2465
    @niamhbartlett24653 жыл бұрын

    Thank you so much for this, I'm a better trader today and have applied what I've learnt already. :)

  • @paulbarker5635
    @paulbarker56353 жыл бұрын

    thank you. well explained and a good tone of voice.