Post
Topic
Board Trading Discussion
Re: What indicators do you add in tradingview and how is it used?
by
figmentofmyass
on 13/10/2019, 22:27:40 UTC
I did read some trading tips from youtube traders, fascinating to see they know how the market will act when oversold and overbought using the RSI but this is just a simple indicator which I'm not even aware if this works to all time frame. i'd like to see some specific sets.

here's a decent tutorial on how to use RSI: https://www.babypips.com/learn/forex/relative-strength-index

it works the same on all time frames but like most indicators, the signal-to-noise ratio is really bad at the 5-min, 15-min etc. i mainly use it to determine trend strength on the daily/weekly charts. it can also be useful for identifying bullish and bearish divergences at market tops and bottoms.