MACD consists of a 12 Day, 26 day EMA
MACD line is 12d EMA – 26d EMA
Signal line is the 9 day SMA of the MACD line
A crossover strategy can be applied between MACD Line, and the signal line
The Bollinger band captures the volatility. It has a 20 day average, a +2 SD, and a -2 SD
One can short when the current price is at +2SD with an expectation that the price reverts to the average
One can go long when the current price is at -2SD with an expectation that the price reverts to the average
RSI is a momentum oscillator which oscillates between 0 and 100 level
A value between 0 and 30 is considered oversold, hence the trader should look at buying opportunities
A value between 70 and 100 is considered overbought, hence the trader should look at selling opportunities
