Cost Averaging and Again MACD and RSI

Alex Onze has interesting take on stock trading. He calls himself the Ghetto Financial Adviser. His songs and rap are actually entertaining. He shares

• place orders on GTC
• advocates cost averaging
• build assets first before buying

Tyrone Solee of Millionaire Acts in his blog shares about MACD and RSI

• Buy when MACD crosses above the MACD signal line
• Sell when MACD crosses below MACD signal line
• Watch out when the MACD lines cross, check if the histogram has flattened
• Buy when RSI crosses bottom line (<30 li="" line="" or="" oversold="">
• Sell when RSI crosses above line (&gt;70) or overbought line

Spyfrat aka Sir Hernan Segovia shares on stock market indicators he used

• Bollinger bands
• RSI

Additional setup from Spyfat

• Daily Time Frame
• Weekly Time Frame
• Bollinger Bands set values at 50, 0.20
• RSI set to 30-period from the default 14 and set level 70 &amp; 50 from the default 70-30

Conditions according to Spyfat

If bollinger bands below your prices=uptrend

• If bollinger bands above your prices=downtrend
• If RSI(30) above 50 level=uptrend
• If RSI(30) below 50 level=downtrend
• If both daily and weekly RSI(30) above 70 level=parabolic state
• If both daily and weekly RSI(30) above 70 level but daily RSI is greater than weekly=parabolic high risk (phr) which is subject to paraburst wherein price already at its toppish and subject for correction
• If both daily and weekly RSI(30) above 80 level regardless which is greater from the other=extreme parabolic high risk  (ephr) which will also be subject for correction
• *best set up when RSI weekly is greater than RSI daily*