From 59433beb3667111aff95f42e3d90b1a15e9006f2 Mon Sep 17 00:00:00 2001 From: moshferatu Date: Tue, 10 Dec 2024 10:34:47 -0800 Subject: [PATCH] Add rules to Triple RSI Drop strategy documentation --- strategies/triple-rsi-drop/README.md | 8 ++++++++ 1 file changed, 8 insertions(+) diff --git a/strategies/triple-rsi-drop/README.md b/strategies/triple-rsi-drop/README.md index 03ba647..7bb9fe1 100644 --- a/strategies/triple-rsi-drop/README.md +++ b/strategies/triple-rsi-drop/README.md @@ -4,4 +4,12 @@ This strategy was inspired by the following: [![Triple RSI Drop Rules](https://static.moshington.com/images/strategies/triple-rsi-drop/strategy-rules.png)](https://x.com/QuantifiedStrat/status/1702712880334786783) +## Rules + +1. The asset (e.g., SPY) must be above its 200-day moving average. +2. The 5-period RSI must have been below 60 3 days ago. +3. The 5-period RSI has dropped for 3 days in a row. +4. If the 5-period RSI closes below 30, enter a long trade. +4. Exit the trade when the 5-period RSI closes above 50. + --- \ No newline at end of file