The RSI-KILL-ZONE the killzone i think is for a very particular subset of traders and trading styles. Seems like it works best on small timeframes for range trading...
The RSI Formula 1.
So with the new algo settings also with taking safer tp levels its
1 to 2
1 to 3
1 to 4
1 to 6.
2. Ur question basically implies there moments...
reverenddropsSo I'm a pretty simple trader. I actually just use the RSI strength indicator to tip me off if we've potentially hit a new low or high and then...So I'm a pretty simple trader. I actually just use the RSI strength indicator to tip me off if we've potentially hit a new low or high and then watch for it to start moving in the opposite direction and once we've also passed over the 20 SMA, I start looking for a good entry and I ride it till the RSI hits another roadblock.Show more3 months ago
reverenddropsI consider roadblocks to be between the 80-100 on the 2 or 5 min chart.3 months ago