tailed off. The strategy is also difficult to implement especially when dealing with a large universe of stocks. In order to test this final approach I came up with the following portfolio strategy rules: Stock has 100 day average volume forex live account no deposit above 250,000 shares Stock trades above 5 Stock is above its 200-day MA Buy if the cumulative RSI 2 is below 10 Exit when the. Want the Amibroker code for this strategy? For instance, Connors recommended the 200-period moving average, and m did just that in their RSI2 examples. Its hard to tell given the information in the book. Following is the table of results by month and year: Since the test results look good so far I moved the data set forward and tested the strategy between 1/1/2008 and 1/1/2016.
RSI trading strategy is useful as the, rSI 2 trading strategy that Larry Connor developed. The, rSI indicator is a cruel mistress! She lures us in with promises of easy money and trading success, only to drain your trading account balance in a run of terrible stoploss strikes, Even thought the indicator said BUY!
We expect the 2-period. Thus, running the same strategy on SPY between 1/1/2008 and 1/1/2016 I achieved the following results:. The information in this video is in no way a solicitation of any order to buy or sell. Hypothetical OR simulated performance results have certain inherent limitations. What is the, rSI indicator? The RSI overbought signal came, and we shorted below the bearish inside bar.