Technical Trading Strategies with RSI Indicator
- 3.3
Brief Introduction
Technical AnalysisDescription
Elearnmarkets is happy to present “Technical Trading Strategies with RSI Indicator”, the second in a series of perfectly designed courses on technical indicators and their use in developing trading strategies.
Relative Strength Index (or RSI) is a momentum oscillator, which measures both the speed as well as the changes of recent price movements of a stock or security.
RSI is used to identify the general trend, oversold and overbought conditions as well as divergences.
This perfectly designed course will enable the participants to gain a thorough knowledge on the basics of RSI indicator and then it gives them Six Model Trading strategies(both for swing and intra-day trading ) using RSI indicator in combination with a series of other indicators.
OBJECTIVE
This programme will enable learners to:
Understand the basic concepts of RSI indicator
Know about the use of RSI in different trading strategies
Give the students different ideas about developing their own trading strategies
BENEFITS
This course will also provide practical exposure to the participants on the use of RSI indicators in several trading strategies by using real-life practical case studies. All the concepts discussed in this programme are explained with the help of practical examples so that the learner can understand and experiment with the concepts taught in an easy and efficient manner. This programme will enable the students to practice six model strategies (both end of day as well as intraday).
This course also introduces you to the scanning software of Fox Trader. You get to know how to build a strategy in the Fox Trader and how to run it to identify stocks for entry and exit.
TOPICS COVERED
Section 1: RSI Indicator Explained:
Basic Concepts of RSI Indicator
Calculation of RSI Indicator
Method of plotting RSI in a chart
Reversal and Divergence trades using RSI Indicator
Trading the RSI 45-55 Band
Multi-Time Frame Trading of RSI Indicator
Section 2: Six Trading Strategies using RSI Indicator:
Buy Side Technical Strategies using RSI Indicator
Sell Side Technical Strategies using RSI Indicator
INTENDED PARTICIPANTS
Anybody interested in making a career in technical analysis
Traders
Analysts
Investors
Trading Algorithm Developers
Requirements
- Requirements
- Basic Knowledge of Technical Analysis including technical chart patterns and technical indicators