🚀 In today's video, I'm sharing a simple and profitable trading strategy using three free indicators. This strategy is easy to follow and can be applied to Forex, stocks, crypto, and indices on any time frame. I'll guide you through setting up the indicators on TradingView and show you how to use the Stochastic RSI to identify buy and sell signals.
We'll also discuss how to determine the trend using two Exponential Moving Averages (EMAs) set to 50 and 100 periods. For long positions, we look for the 50 EMA to be above the 100 EMA and the Stochastic RSI to cross above 20. For short positions, the 50 EMA should be below the 100 EMA and the Stochastic RSI should cross below 80.
Make sure to watch the entire video for detailed examples and step-by-step instructions. If you find this content helpful, please subscribe to our channel and like the video. Your support helps us create more valuable content for you. Happy Trading! 📈
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Previous Video on Stochastic RSI Using Trendlines :- • Revealing My Advanced ...
Indicator Links:
EMA 20, 50, 100, 200 : www.tradingview.com/script/48...
Ehlers Smoothed Stochastic RSI Krypt : www.tradingview.com/script/jB...
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Disclaimer:
The information shared on this KZitem channel is for educational purposes only. We are not licensed financial advisors, and the content should not be construed as personalized financial advice. All financial decisions you make based on this content are your responsibility. It's essential to conduct your own research and consult qualified professionals before making any financial choices. Opinions expressed here are our own and may not reflect those of any affiliated organizations. We do not guarantee the accuracy, completeness, or timeliness of the information provided. Always seek advice from certified financial experts for your financial decisions.
Tags:
#trendline #stochastics #movingaverage #forex #crypto #stochasticoscillator #rsi #smc #marketstructure #chartpatterns #tradingstrategy #indicators #besttradingviewindicator #tradingviewbestindicators #tradingviewstrategy #tradingview #tradingstrategy
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