How to read and calculate RSI

The first part of the image above is the RSI. RSI is an indicator that measures the strength of either upward or downward fluctuation on a closing price basis over a certain period of time. The middle is set at 50%, and the rate is centered on the middle, and the rate is measured in terms of how much the rate has moved up or down within a certain period of time from 0 to 100%. The middle is 50%, and the index measures how much the rate moves up or down within a certain period of time, centered on the middle. (A fixed period of time is generally 14 days.) In general, an RSI of 70% (80%) or more indicates that the market is overbought, while an RSI of 30% (2%) or less indicates that the market is oversold. (2) The RSI setting method is as follows: (1) Set the RSI at the lowest level of the market. (2) The setting method of RSI can be left as default for the parameter and the level display. If the default period is not 14 days, please set the period "14". As for the color and thickness of the style lines, set them to your liking! Also, the 30% and 70% lines in the level indicator are set by default, but there are also 20%, 8 If you find it easier to see the lines at 0%, 50%, etc., please add them. The important thing is that you do not overlook this: overbought above 70% and oversold below 30%. To use the Rsi-Sto-View indicator that we distribute for free, overbought above 70% and oversold below 30%, be sure to remember this! And the formula for the RSI period (14) is as follows RSI = A / (A + B) x 100 A: Average of the range of price increase from the previous leg at the closing price for the last 14 B: Average of the price decline from the previous leg at the closing price for the last 14 legsIf you can afford it, please try to remember it.

How to Read and Calculate Stochastics

The first part of the image above is the stochastic. Stochastics is an indicator of where the real-time exchange rate is located within the range of the highest and lowest exchange rates over a set period of time. Stochastics can be used to read market overreaction, with 80% or more indicating an "overbought" high and 20% or less indicating an "oversold" low. And the way to set up the stochastic is to use the

The parameters, as shown in the image above, are the periods generally used for stochastics: %K ⇒ 5 %D ⇒ 3 Slowing ⇒ 3 The other parameters can be left as default. The color settings can be changed to a color that is easy for you to see. As for the level display, there is no problem as long as the 80% and 20% lines of the defaults are set. As with RSI, the important thing with Stochastic is to avoid overlooking "overbought" and "oversold" conditions. As mentioned in the explanation of RSI, in order to use the "Rsi-Sto-View" indicator, which is distributed free of charge, the stochastic should be set to 80% or more overbought, 20% or less oversold, and 20% or less oversold. oversold below, be sure to remember this! And the basic lines for Stochastics are "%K" and "%D", which are calculated by the following formula.

%K = (Today's closing price - Lowest price in the past n days) / (Highest price in the past n days - Lowest price in the past n days)

The %K formula quantifies the current position in the range of variability during the period, ranging from 0 to 100%.

The higher this number is, the higher the range is, and the lower it is, the lower the range is.

In addition, the %K agency is generally set to "5".

%D = (m-day moving average of the numerator of the n-day stochastic)/(m-day moving average of the denominator of the n-day stochastic)

This is a moving average of %K over m days and smoothed.

This %D generally uses "3".

If you can afford it, try to memorize this Stochastic formula as well! Then, after fully understanding the criteria for judging "overbought" and "oversold" for the RSI and Stochastics explained above, please try using our self-developed indicator "Rsi-Sto-View" in the following section.

What are the contents of the free indicator that can display RSI and Stochastic values in MTF?

I will now explain the contents of "Rsi-Sto-View," an indicator that can display RSI and Stochastics values in MTF. I'm sure there are many of you who are wondering, "What is MTF? (Actually, I, who am writing this article, did not know the word "MTF" itself when I started binary options (lol)) MTF is called multi-frame analysis and is an analysis method that looks for entry points by checking the charts of different time legs (upper leg => lower leg) and grasping the current market situation. For example, if it is a binary option, it is mainly short-term trading, so I check the 15-minute and 5-minute charts to confirm the market direction, situation, or line drawing, etc., and finally check the situation of the 1-minute chart to find the entry point. Then I enter! MTF (multi-frame analysis) is like this: "Understand the situation of the upper leg ⇒ Find or enter an entry point with the lower leg (1-minute leg), taking into account the situation of the upper leg. Remember that the market is made by the upper leg. Now, it is an explanation of the contents of the indicator "Rsi-Sto-View" of the main subject.

of the chart above.(1) The yellow text is the indicator "Rsi-Sto-View".The "Rsi-Sto-View" indicator allows you to see the 1-minute and 5-minute values of the RSI and Stochastic at the same time at a glance without having to check the upper leg. Example) RSI: M1[30] M5[28] STO: M1[18/54] M5[55/75] (Example)M1 for "RSI" and "STO" is for the 1-minute leg, and M5 for the 5-minute leg. As written in MTF (Multi Frame Analysis), the market is mainly in the upper leg. For example, usually, after confirming that the 5-minute RSI and Stochastic values are the criteria for overbought and oversold, we must next change the time leg and check the 1-minute RSI and Stochastic values. By using the "Rsi-Sto-View" indicator, you can check the RSI and Stochastics values for the 1-minute and 5-minute time frames at a glance while checking the status of the 1-minute candlestick, drawing various lines, and performing other analysis. The "Sto-View" allows you to check the status of the 1-minute candlestick and various lines. This means that you will not miss the overbought and oversold criteria of the upper and lower legs, and you can smoothly make entries. The following is an example of the use of the "overbought" and "oversold" criteria.Even if both the RSI and Stochastics values reach the overbought and oversold criteria, you cannot enter the market with this alone. Please note that this is only an indicator for efficiency.Just really useful, so please GET IT!!!

How to set and use parameters

Finally, we will discuss how to set up the indicator "Rsi-Sto-View".

As you can see from the image above, there are only two parameters to set, so it's very easy! Label size ⇒ I think the default is sufficient, but you can adjust this to your own preference. (The chart image in the "What is the free indicator that can display RSI and Stochastics values on MTF" section is label size 15. (Please refer to the chart image in "What are the contents of the free indicator that displays the RSI and Stochastic values? I hope you can set it at your favorite position. There is nothing else to touch, so you can leave the default settings as they are. The settings are now complete, so it was very easy, wasn't it? This concludes the explanation of the "Rsi-Sto-View" indicator. Finally, I hope you will get this useful indicator "Rsi-Sto-View" and make use of it in your daily binary options trading!

important point

We are not responsible for any inconvenience caused by the downloaded indicator. ❷We do not accept any inquiries regarding program modification, etc. ❸This indicator was created by an amateur for personal use. Please use this indicator with the understanding that there is a possibility of malfunctions. Please use the indicator after agreeing to the above. Thank you very much.

【無料】RSIとストキャスティクスの数値をMTFで表示するサインインジケーター