This is a powerful tool if combined with other parameters. It's an advanced version of an RSI . It shows OB and OS conditions and price direction or shift of the trend. This indicator can be used in various ways with all markets.
The current settings are designed to work with futures market.
Combined with our TSI and Price action, RSI OBLIVION is the most reliable KPI out there. Reached out to us for assistance.
Sürüm Notları
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This is a powerful tool if combined with other parameters. It's an advanced version of an RSI . It shows OB and OS conditions and price direction or shift of the trend. This indicator can be used in various ways with all markets.
The current settings are designed to work with futures market.
Combined with our TSI and Price action, RSI OBLIVION is the most reliable KPI out there. Reached out to us for assistance.
Sürüm Notları
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HOW TO USE:
Method 1:
1. Wait until the RSI crosses up the middle line (white) 2. RSI turns Green for Buys and Red for Sells. If it's Yellow, it could be a fakeout or a pullback, so do not trade it. 3. Support the signals with basic analysis and our TSI Histogram
Method 2 :
1. Watch for the RSI to go outside of the external bands (bollinger bands) 2. Wait for the RSI to go back and crosses back the bands (RSI comes back inside of bollinger bands range) 3. If it comes back from the upside, it's a Sell signal. If it comes back from the downside, it's a Buy signal. 4. Price should be above 200 SMA for buys, and bellow it for sells 5. Always combine with basic analysis
I too would like a detailed explanation of the best way to use it. I can visually see a lot of it but would appreciate the actual best way to use it. Thanks and regards
i2s
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@OzMoneyman, HOW TO USE:
Method 1:
1. Wait until the RSI crosses up the middle line (white)
2. RSI turns Green for Buys and Red for Sells. If it's Yellow, it could be a fakeout or a pullback, so do not trade it.
3. Support the signals with basic analysis and our TSI Histogram
Method 2 :
1. Watch for the RSI to go outside of the external bands (bollinger bands)
2. Wait for the RSI to go back and crosses back the bands (RSI comes back inside of bollinger bands range)
3. If it comes back from the upside, it's a Sell signal. If it comes back from the downside, it's a Buy signal.
4. Price should be above 200 SMA for buys, and bellow it for sells
5. Always combine with basic analysis
cryptodelicious_
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I would love to know more about how to use this tool. Thanks!