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RSI + MACD (Swing)
RSI + MACD (Swing)
RSI + MACD (Swing)
TRADING BOOTCAMP
BOOTCAMP
RSI
The relative strength index (RSI) is a momentum indicator
Helps to evaluate overbought or oversold conditions
Oscillates between 0 to 100.
Developed by J. Welles Wilder Jr. and introduced in his seminal
1978 book, “New Concepts in Technical Trading Systems.”
RSI Zone
RSI Zone Explanation
80 - 40 Zone
RSI between 40 to 80 on any time frame indicates BULLS are
strong.
Look for RSI taking support at 40 level and 60 level.
RSI between 60 to 80 indicates highly bullish momentum
RSI Zone Explanation
40 - 60 Zone
RSI between 40 and 60 on any time frame indicates sideways
price action
RSI Zone Explanation
60 - 20 Zone
RSI between 60 to 20 on any time frame indicates BEARS are
strong.
Look for RSI taking resistance at 60 level.
RSI between 40 to 20 indicates highly bearish momentum
SWING
TRADING
USING RSI
System Rules
SWING
TRADING
USING RSI
AND MA
Set Up Rules
https://chartink.com/screener/twc
-trading-with-rsi-and-ma
SWING
TRADING
USING MACD
AND MA
Set Up Rules
https://chartink.com/screener/bul
lish-macd-scan-with-21-sma
THANK
YOU