I did read some trading tips from youtube traders, fascinating to see they know how the market will act when oversold and overbought using the RSI but this is just a simple indicator which I'm not even aware if this works to all time frame. i'd like to see some specific sets.
Is anyone care to share about the settings of their moving averages and how this will be use as indicator?
I'm a basics man. I like keeping my things simple. I just use the classic support and resistance for drawing areas of interest. Afterwards I use a combo of 21MA, 50 MA and RSI as confirmation. For RSI, I don't blindly buy when it's oversold and vice versa but that doesn't mean zi don't buy at those areas. I only do that when it's close to an area of value.. Say Support or resistance line and get confirmation using the moving averages. No one indicatois 100% efficient but they're powerful when used with other tools. I like fibonacci retracement too.