how to use rsi in swing trading help needed...

i know what is rsi and what it tells ,but i dont know how to use it effectively :annoyed::annoyed::annoyed:.so any senior members there to help me

Forex system - RSI + Full Stochastic
Current strategy has won the hearts of many Forex traders. And why;
not when it has a great winning potential.
Strategy requirements/setup:
Time frame: daily
Currency pair: any
Trading setup: SMA 150,
RSI (3) with horizontal lines at 80 and 20,
Full Stochastic (6, 3, 3) with horizontal lines at 70 and 30.
Trading rules:
Entry for uptrend: when the price is above 150 SMA look for RSI to
plunge below 20. Then look at Stochastic - once the Stochastic lines
crossover occur and it is (must be) below 30 - enter Long with a new
price bar.
If at least one of the conditions is not met - stay out.
Opposite for downtrend: when the price is below 150 SMA wait for the
RSI to go above 80. Then if shortly after you see a Stochastic lines
crossover above 70 - enter Short.
Protective stop is placed at the moment of entry and is adjusted to the
most recent swing high/low.
Profits are going to be taken next way:
Option 1 - using Stochastic - with the first Stochastic lines cross above
70 (for uptrend) / below 30 (for downtrend).
Option 2 - using a trailing stop - for an uptrend a trailing stop is
activated for the first time when Stochastic reaches 70. A trailing stop
is placed below the previous bar's lowest price and is moved with each
new price bar.

thanks :thumb:manojborle for your great strategy ,i want to know frm equity perspective [stocks].....