diff --git a/strategies/vix-stretches/README.md b/strategies/vix-stretches/README.md index 68b45aa..a23ae92 100644 --- a/strategies/vix-stretches/README.md +++ b/strategies/vix-stretches/README.md @@ -2,4 +2,10 @@ This strategy was taken from chapter 12 of [*Short Term Trading Strategies That Work*](https://moshferatu.dev/moshferatu/short-term-trading-strategies-that-work) (2008) by Larry Connors. +## Rules + +1. The asset (e.g., SPY) is above its 200-day moving average. +2. If VIX is stretched 5% or more above its 10-day moving average for 3 or more days, enter a long trade. +3. Exit the trade when the 2-period RSI closes at or above 65. + --- \ No newline at end of file