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liberatedstocktrader.com
RSI Backtested on 23,487 Trades: What Really Works
I tested 23,487 RSI trades on 820 years of exchange data. When configured correctly, RSI can be highly profitable, with a 53% success rate and an average of 65% winning trades. The RSI setting of 14 on a 1-hour chart is the most reliable configuration for identifying profitable buy and sell signals.
Jun 4, 2023
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Relative strength index Trading Strategy
2:57
Mastering the Markets Educator Jamie Bell shares valuable trading tips on the Relative Strength Index (RSI), including how to apply it on the charts to spot divergence, a powerful signal of potential weakness or strength in price action. At Mastering the Markets, our educators walk you through every step of the process, ensuring you build the confidence and skills needed to take your trading to the next level! Join one of our tailored trading courses and start improving your strategy today! 👉 m
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