A 5-Star RSI Strategy


Vishal Malkan

Vishal is one of the top coaches in the areas of stock trading and personal transformation. Venturing into this journey at the young age of 16, he experienced the thick and thins of the stock market before achieving success as a trader. The co-founder of Malkans Training Institute (along with wife, Meghana Malkan), he has made it a personal mission to help a common man understand and trade the stock markets with the help of systems so simple that even a 10-year-old can understand them. Vishal along with his wife Meghana has Co-authored the book "#CASHTAGS - Stock Trading Simplified". Apart from simple tools and techniques of trading the book also features trading stalwarts like Dr. Van Tharp, Mark Minervini, Jack Schwager Steve Burns, Dr. C K Narayan (he has also written the foreward) and Raamdeo Agarwal. The book is available for free at www.malkanbook.com (only shipping charges). Both Vishal & Meghana have been regularly appearing on Business Channels like CNBC TV18 / CNBC Awaaz etc since the last 12 years. They are also featured in print media like Times of India, Economic Times regularly.

Vishal Malkan in Face2Face

Mr. Vivek Bajaj


Mr. Vivek Bajaj

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.

About this Face2Face:

In this Face2Face video, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, who will be holding an informational discussion with Mr. Vishal Malkan, an expert trader and trainer, who will be talking about the use of the RSI indicator to make profitable trades in the stock market.


Technical analysis is a vast subject, but by focusing on one such indicator which we are most comfortable with, we can become successful in the market on our own pace. One such indicator is the Relative Strength Index or RSI, which Mr. Vishal Malkan will be focusing on in this video.


Mr. Vishal Malkan Malkan first talks about his family and the events of his life which have led to him becoming a full-time trader. He will then start his technical discussion on his RSI strategy – the 5-star RSI strategy.


Mr. Vishal Malkan Malkan will first talk about the events that led to the creation of this strategy. After that, Mr. Vishal Malkan will start with the basics of the RSI index and the basics of range shift. We will talk about an unconventional way of looking at the RSI index on a chart and its benefits for traders.


Next, Mr. Vishal Malkan Malkan will discuss the theory behind the definition of the ranges in the RSI index and the relevance of this theory to traders, and we will discuss the unconventional RSI approach with some basic examples.


After defining some ranges for the indicator, we will discuss how this approach can be used for various time-frames and for different products of the stock market as well. Mr. Vishal Malkan will then aim to simplify the usage of his strategy by breaking it down into different approaches for multiple time frames.


He will show how to identify the inflexion points on the charts with the ranges he had previously defined to make the concept of breakout trading easier. He will also show us how we can use the concerned RSI for swing trading strategy purposes as well. We will see the relevance of this with some practical examples on charts.


After showing the weekly and monthly time frame application, we will discuss the implications of this strategy in the daily time frame as well and how we can shift our time frame and still make the strategy operate accurately over various time frames.

We will also discuss the importance of doing manual back-testing on our strategies in the market to identify our drawbacks and fix them.