ninjatrader/strategies/rsi-power-zones/README.md

# RSI PowerZones

This strategy was taken from chapter 2 of [*Buy the Fear, Sell the Greed*](https://moshferatu.dev/moshferatu/buy-the-fear-sell-the-greed) (2018) by Larry Connors.

## Rules

1. The ETF (e.g., SPY) is trading above its 200-day simple moving average.
2. If the 4-period RSI closes < 30, enter a long trade.
3. Enter a second long trade if the 4-period RSI closes < 25.
4. Exit the trade when the 4-period RSI closes > 55.

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Initial commit of RSI PowerZones README 2024-10-01 17:09:48 +00:00			`# RSI PowerZones`

Add description to RSI PowerZones strategy documentation 2024-10-01 17:18:22 +00:00			`This strategy was taken from chapter 2 of [Buy the Fear, Sell the Greed](https://moshferatu.dev/moshferatu/buy-the-fear-sell-the-greed) (2018) by Larry Connors.`

Add rules to RSI PowerZones strategy documentation 2024-10-01 17:23:13 +00:00			`## Rules`

			`1. The ETF (e.g., SPY) is trading above its 200-day simple moving average.`
			`2. If the 4-period RSI closes < 30, enter a long trade.`
			`3. Enter a second long trade if the 4-period RSI closes < 25.`
			`4. Exit the trade when the 4-period RSI closes > 55.`

Initial commit of RSI PowerZones README 2024-10-01 17:09:48 +00:00			`---`