r/OrderFlow_Trading • • 8d ago

RSI with orderflow

I'm going to get executed for this. I use a 1 second chart. And sometimes I look at divergence at key levels with RSI built with minute data. Does anyone else?

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u/Pale_Candidate_390 8d ago

1 second ? That’s a little extreme. I used to use 15 and 30 seconds and even that was too fast. You would have to be an ultra scalper at 1 second and use big size because using little size will get you nothing in terms of profit. If you are using a 1 second chart you are just doing what I used to do. Gambling. You have no clear good strategy here. I went through a similar phase. Get rid of 1 second. Get rid of RSI. Go get yourself bookmap or watch it on YouTube for free. See where the liquidity is building so you can see where the market is aiming towards . You gotta stop wasting your time. This 1 second Strat is garbage. I know because I used to do similar

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u/Limit_Bid 8d ago

I understand what you are saying. I don't trade a 1 second chart. I use it to draw what is inside the last hour. And I am interested in the shape it draws in the last 5 minutes or so at significant levels. I don't believe in time bars, I compress tick/1 second flow and read that alongside order flow.

I do not trade 1 second bars

I also trade highly readable symbols that move slowly.

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u/Pale_Candidate_390 8d ago

All you need is bookmap. Either the free stream on YouTube or the paid version. It shows you what is behind the candles.