Page 2 of 503 FirstFirst 123 LastLast
Results 11 to 20 of 26

Thread: Using RSI to Gauge Trends

  1. #11
    Fashion direction or bias is the only thing I use RSI for. I take my long-term direction about the alignment of the RSI on two time frames.

    Trade safe and prosper.

    KP

  2. #12
    Quote Originally Posted by ;
    Directional bias or fashion direction is the one thing I use RSI for. I take my long-term direction on the positioning of the RSI on two time frames. Trade safe and prosper. KP
    If that's the case, can you explain it a little bit longer on how you are using it? And what about success/failure you realized using it?

  3. #13
    As a swing trader, I really don't want to go contrary to a direction in which the RSI on weekly and monthly time frames are aligned.

    Trade thrive and safe.

    KP

    Quote Originally Posted by ;
    quote If that is true, can you explain it a little bit longer on how you're using it? And what about success/failure you understood using it?

  4. #14
    What period would you use for rsi?

    Weekly and monthly time frames have been aligned - does this usually means that both of these over 50 for long bias/below 50 for short? I'd been thinking of the same actually. The rsi performed around 50 region and will whipsaw when we rely on 1 tf. Better result is produced by it, when we rely on the higher tf along with 1tf.

    Quote Originally Posted by ;
    As a swing trader, I don't need to go contrary to a direction in which the RSI on both the weekly and monthly time frames are adapting. Trade secure and prosper. KP quote

  5. #15
    Quote Originally Posted by ;
    The reason I brought this thread up is looking for someone which use rsi as trend gauge.
    I'm generally reluctant to take a trade if the greater timeframes aren't in my path, and like to see that the 1Min timeframe turn in the path of the trade. This shows them all.
    https://forexintuitive.com/cryptocur...ssover-ea.html

  6. #16
    The setting might be the 14 interval that is normal but I utilize 21. Really it does not matter but I believe that it should not be excessively short. I look for slope.

    KP



    Quote Originally Posted by ;
    What period do you utilize for rsi? Weekly and monthly time frames - does that means that they both above 50 for extended bias/below 50 for short? I'd been thinking of the exact same. The rsi will whipsaw and performed around 50 region when we rely heavily on 1 tf. If we rely on the high tf and 1tf, it produce outcome. quote

  7. #17
    Quote Originally Posted by ;
    Can you utilize rsi to gauge trends? I discovered that using rsi, we can ch trends . picture picture Rsi can be quite quickly, but with multiple interval approach definitely helps. It is possible to see at the right hand side of this chart - the trends remain down for the time. If rsi below 50, the means to do this is - the trend is down. If rsi over 50 - the trend is up. The interval can be 13 or 11. What I wanted to know is - is there anyone using rsi into deternine trend? Any sharing would be appreciated.
    RSI ... my favorite momentum indior.

    Here is something which might be helpful as additional information.

    Https://forexintuitive.com/attachmen...7666899973.pdf

    And the download link for John Hayden publiion RSI:The Complete Guide [click to download]

  8. #18
    Quote Originally Posted by ;
    quote What I mean is above 50 the trend is up. Not go long. We can buy at dips for example. .
    Yes that's what I wished to say. And from this announcement it appears that we shouldn't care. Since if the price hits a suport line and bounces back into a correction by way of RSI and example or a downward trend indes values which means you won't buy?

  9. #19
    rc
    Guest
    Using the RSI -
    Try setting it Is period to 3, ie RSI(3)
    That I think you will Discover its Fairly good at detecting price/indior divergence in trends

  10. #20
    I use RSI with length adjusted into the time frame of this chart and OB/OS levels consistently of 60/40. Watch attached UJ 5 minute chart using a RSI length of 24 representing (24 x 5 min) two hours of bars. Bullish readings must stay above 40 and bearish under 60. Beginning from the left Thursday price is bullish around top of chart, besides a one pub dip below OS 40 level around 700am EST.. Subsequently around EST it remains there over 24 hours and drops below 40 push up thru OB 60 flat, until late Friday afternoon 320pm EST into the close of the week.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information