ninjatrader/strategies/5-period-rsi/README.md

# 5-Period RSI

This strategy was inspired by the following:

[![5-Period RSI Rules](https://static.moshington.com/images/strategies/5-period-rsi/strategy-rules.png)](https://x.com/QuantifiedStrat/status/1864591983798571278)

Refer also to the [2-Period RSI](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/strategies/2-period-rsi) strategy which is closely related to this one.

## Rules

1. Enter a long trade when the 5-Day RSI is < 35.
2. Exit the trade when the current day's close is > the previous day's high.

## Parameters

**RSI Period**: The period to use in the RSI calculation. (Default: 5)

**Entry Threshold**: The RSI value below which to enter a long trade. (Default: 35)

## Backtest Results

### SPY

![SPY Analysis](https://static.moshington.com/images/strategies/5-period-rsi/spy-analysis.png)

![SPY Summary](https://static.moshington.com/images/strategies/5-period-rsi/spy-summary.png)

### QQQ

![QQQ Analysis](https://static.moshington.com/images/strategies/5-period-rsi/qqq-analysis.png)

![QQQ Summary](https://static.moshington.com/images/strategies/5-period-rsi/qqq-summary.png)

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Initial commit of README for 5-Period RSI strategy 2025-01-02 16:59:19 +00:00			`# 5-Period RSI`

Add description to 5-Period RSI strategy documentation 2025-01-02 17:04:14 +00:00			`This strategy was inspired by the following:`

			`[![5-Period RSI Rules](https://static.moshington.com/images/strategies/5-period-rsi/strategy-rules.png)](https://x.com/QuantifiedStrat/status/1864591983798571278)`

			`Refer also to the [2-Period RSI](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/strategies/2-period-rsi) strategy which is closely related to this one.`

Add rules to 5-Period RSI strategy documentation 2025-01-02 17:06:01 +00:00			`## Rules`

			`1. Enter a long trade when the 5-Day RSI is < 35.`
			`2. Exit the trade when the current day's close is > the previous day's high.`

Add parameters to 5-Period RSI strategy documentation 2025-01-02 17:07:36 +00:00			`## Parameters`

			`RSI Period: The period to use in the RSI calculation. (Default: 5)`

			`Entry Threshold: The RSI value below which to enter a long trade. (Default: 35)`

Add SPY backtest results for 5-Period RSI strategy 2025-01-02 17:09:45 +00:00			`## Backtest Results`

			`### SPY`

			`![SPY Analysis](https://static.moshington.com/images/strategies/5-period-rsi/spy-analysis.png)`

			`![SPY Summary](https://static.moshington.com/images/strategies/5-period-rsi/spy-summary.png)`

Add QQQ backtest results for 5-Period RSI strategy 2025-01-02 17:11:45 +00:00			`### QQQ`

			`![QQQ Analysis](https://static.moshington.com/images/strategies/5-period-rsi/qqq-analysis.png)`

			`![QQQ Summary](https://static.moshington.com/images/strategies/5-period-rsi/qqq-summary.png)`

Initial commit of README for 5-Period RSI strategy 2025-01-02 16:59:19 +00:00			`---`