Most ADVANCED RSI Indicator Strategy That The PRO's Use
In this video, I will be sharing a powerful secret about the RSI indicator that will change the way you trade. RSI trading strategy that will lead you to massive profits. The strategy is used by combining RSI and price action.If you watch this video carefully and apply the knowledge with practice, you will have gained the ability to enter the trends on the pullbacks at the right time.The strategy that I will share today is very simple. I have extensively tested this strategy on the stock market and it does have a good edge.RSI stands for relative strength index.The RSI is a momentum indicator that is widely used in the technical analysis community.I think most of you viewers will be aware of the indicator, but for the new learners, let me give a brief introduction.The RSI is a simple indicator that measures the recent change in price to mark overbought and oversold levels that act as reversal points.The strategy that I will share today is based on the concept of RSI power zones that was introduced by a trader named Andrew Cardwell.Andrew studied the RSI indicator for several decades and developed some observations about the RSI in relation to the price.The RSI power zones are one of these observations.