🎯 Stochastic RSI indicator — The precise timing weapon that no one teaches!
Not just RSI… but RSI with a powerful antibiotic!
👉 Use it to catch perfect entry points before any price explosion 🚀
Welcome to episode eight of:
"Understand indicators like a professional" 🔍
And our topic today: Stochastic RSI — Unmatched precision in timing entry and exit
🔍 What is Stochastic RSI?
Stochastic RSI = RSI indicator applied to RSI itself 🤯
It means it measures the momentum of the RSI indicator instead of the price directly!
The result?
💥 Very accurate signals
🎯 Professionally determine entry and exit points
⚠️ Extremely effective in sideways or volatile markets
📈 How does it work?
Values range from 0 to 1 (or from 0 to 100%)
Reading above 0.8 = Overbought
Reading below 0.2 = Oversold
Intersections of lines = Entry or exit signal
📌 How to use it wisely?
✅ Buy entry = Bullish crossover in the oversold area (below 0.2)
✅ Exit or sell = Bearish crossover in the overbought area (above 0.8)
💡 Use it alongside support and resistance areas or trend lines to filter out false signals
🧠 Professional tips:
Combine it with MACD or EMA for stronger confirmation
Best used in sideways (accumulation) markets
Avoid relying on it alone during strong trends!
📌 Next episode: Bollinger Bands Indicator — Secrets of volatility and price explosions 📊🔥
Follow me to learn how to ride the wave before it starts!