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.
here's a decent tutorial on how to use RSI:
https://www.babypips.com/learn/forex/relative-strength-indexit works the same on all time frames but like most indicators, the signal-to-noise ratio is really bad at the 5-min, 15-min etc. i mainly use it to determine trend strength on the daily/weekly charts. it can also be useful for identifying
bullish and bearish divergences at market tops and bottoms.
Does it mean its just best to trade on daily or weekly chart than doing it in hourly or 4 hour time frame?
I see the link going mainly to Forex trading lessons, I'm not sure how to look at it when prices in Major currencies are stable than trading on BTC/USDT which prices can drop hundreds of USD in hours.