Capitalists Tech Analysis 102 - RSI + Trend Line Combo (Patreon)

Published:

2021-02-10 14:00:05

Imported:

2022-04

Content

In this video I show you how are use the combination of trend lines with relative strength index (RSI). This is a video that builds upon the very first video I shared on Trend Lines. And keeping things very simple and building upon all the basics that we can all use on a daily basis. By the way I use this on a daily basis to identify when I enter into positions and when I sell calls against existing positions..

Files

Patreon Capitalists TA 102 - RSI and Trendline Combo

This is a quick video on how to set up your relative strength index - RSI - with a factor of 10 on a four-hour chart and how I map RSI indicators between 70 and 30 - 70 is to sell and 30 is to buy or enter and combine that with trend lines.. The relative strength index RSI is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator - a line graph that moves between two extremes and can have a reading from 0 to 100.