RSI Indicator
● Measures overbought and oversold conditions of prices.
● Value range from 0 to 100, typically below 30 is oversold, above 70 is overbought.
● When the fast line crosses above the slow line, it is a buy signal; when it crosses below, it is a sell signal.
KDJ Indicator
Below 20, oversold, golden cross, buy signal
Between 20-80, oscillation,
Above 80, overbought, death cross, sell signal
MACD Indicator
● Composed of DIF line, DEA line, and MACD histogram.
● When the DIF line crosses above the DEA line forming a golden cross, it is a buy signal; when it crosses below forming a death cross, it is a sell signal.
● Above the zero line is a strong area, below is a weak area.
Combined Application Methods
1. Overbought and Oversold with Trend Confirmation
○ MACD golden cross and RSI below 30 (oversold area), may indicate a buying opportunity.
○ MACD death cross and RSI above 70 (overbought area), may indicate a selling opportunity.
2. Trend Momentum Resonance Validation
○ Bull Market: MACD red bars expand and RSI crosses from 50 to the 65-70 range, indicating sustained upward momentum.
○ Bear Market: MACD green bars shorten and RSI rebounds from below 30 to above 40, suggesting a possible rebound.
3. Cycle Coordination Strategy
○ Daily Level: MACD red bars shorten and RSI daily breaks below 60, indicating a reduction in positions.
○ 60-Minute Short Term: MACD histogram fails to turn red 3 times and RSI hourly remains above 70, indicating a possible decline.