2024-07-11 02:17:14 +00:00
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# RSI Divergence Bot
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2024-08-31 13:08:44 +00:00
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This strategy was inspired by the following post on X:
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![Strategy Rules](./strategy_rules.png)
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## Rules
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1. On the hourly SPY chart, enter a long when the RSI is > than it was 5 bars ago but price is lower.
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2. Exit the position when the RSI is > 70.
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2024-08-31 13:29:38 +00:00
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## Backtest Results
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### SPY
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![SPY All-Time Analysis](./backtest-results/spy_all_time_analysis.png)
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![SPY All-Time Summary](./backtest-results/spy_all_time_summary.png)
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2024-07-11 02:17:14 +00:00
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---
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