S&P500 (SPX) strategy using Stochastic RSI Min-Max, normalized Volatility and Trailing Stop signals, beats the Buy&Hold strategy by 16 times Embarking on the quest to time the market accurately, the 'Holy Grail' of strategies, led me to create a script to approach this goal. Unlike other strategies that I tested, this one not only surpasses the long-term S&P500...
The Stoch RSI (Stochastic Relative Strength Index) is a technical analysis indicator used to identify overbought or oversold conditions in financial markets. It is a combination of two popular indicators: the Stochastic Oscillator and the Relative Strength Index (RSI). The Stoch RSI applies the Stochastic Oscillator formula to the RSI values, aiming to provide a...
If you can identify overbought or oversold conditions, as a trader, this can be highly profitable. In particular, these are two definitions that refer to the extreme values of the price in addition to their intrinsic value. So, when these conditions appear, a reversal of the direction of the price is highly expected. What is Overbought? When something is...
Explaining what the MTF Wave Stoch is all about, does not get any easier with this #Cardano chart $ADA / USDT pair. Feel free to ask if you don't understand!
Hi all, I would like to present to you an educational piece regarding a particular trading methodology. This involves using the Stoch RSI indicator as your primary utility. This trading strategy is only as good as your money management strategies are. Everyone employees different money management strategies, so how you approach this is up to you. This can be used...
You need to read the tutorial first before this post. Here is the tutorial : This is an example of how to apply the concepts I explained in the oscillators tutorials. I have numbered the text boxes so that you read them in the correct sequence. Start from the left hand side and move along the chart. In this example we have applied some basic concepts like...
Note: A prerequisite tutorial about trends is posted in the related links below. Oscillators can be a very useful indicators in trading if used correctly. However misusing them will only return disappointing results. Some of the most popular examples of oscillators are the stochastics, and relative strength index . I will use stochastic in this tutorial, but...