diff --git a/strategies/tps/README.md b/strategies/tps/README.md index 4b37cf3..0d36a80 100644 --- a/strategies/tps/README.md +++ b/strategies/tps/README.md @@ -8,4 +8,15 @@ TPS stands for: * **Price** * **Scale-in** +## Rules + +**Long** + +1. The ETF (e.g., SPY) is above its 200-day moving average. +2. If the 2-period RSI is below 25 for 2 days in a row, enter a long trade with 10% of the total position size. +3. If price closes lower than the initial entry price any day while in the position, enter another long trade with 20% of the total position size. +4. If price again closes lower than the latest entry price, enter another long with 30% more of the total position size. +5. If price yet again closes lower than the latest entry price, enter a final long with the remaining 40% of the total position size. +6. Exit the trade(s) when the 2-period RSI closes above 70. + --- \ No newline at end of file