Stochastic RSI Strategy: Trading Strategy Tested 100 times with $1,000 Balance

Stochastic RSI Strategy: Trading Strategy Tested 100 times with $1,000 Balance Today we will test the Stochastic RSI trading strategy. The Stochastic RSI indicator is a technical analysis indicator used to determine whether an asset is overbought or oversold, as well as to identify current market trends. The Stochastic RSI trading strategy will be explained in this video and get tested for 100 times as usual with $1,000 account. The test will help us decide whether we should consider trading with the Stochastic RSI indicator or probably use one of the other trading indicators and strategies previously explained and tested on this channel. The Stochastic RSI indicator is popular among many professional traders as it is useful for day trading strategies and could be used in Forex, Stocks and basically any technical analysis or market. We are also responding to a request made by our subscriber Fouad Ahmar, feel free to suggest any strategy you want us to test on our channel in the comment section. If this is your first time here, consider subscribing to our channel to see us testing the most popular trading strategies. Let's move to our laptop. The Stochastic RSI trading strategy is simple. When the crossover occurs below the 20% level we will only consider buying. On the other hand, when the crossover happens above the 80% line of the Stochastic RSI indicator, we will only look for sell opportunities. We will also use the 200 Exponential moving average, When the price is above the 200 E.M.A, we will only look for buy opportunities. On the other hand, when the price is below the 200 E.M.A, that means that we are on a downtrend. so we will only consider the sell orders. Let’s look at some examples.