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Update ConnorsRSI strategy rules to mention default indicator parameters

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moshferatu 2024-08-28 12:22:18 -07:00
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strategies/connors-rsi/README.md
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@ -6,8 +6,8 @@ A swing trading strategy inspired by the [ConnorsRSI indicator](https://moshfera
For a long trade: For a long trade:
* The closing price must be greater than the long term trend as measured by a simple moving average with a default period of 200 days. * The closing price must be > the long term trend as measured by a simple moving average with a default period of 200 days.
* The ConnorsRSI indicator must have a reading of < 15 (default value). * The ConnorsRSI indicator (default parameters) must have a reading of < 15 (default value).
* If both of the above conditions are met, the trade is entered. * If both of the above conditions are met, the trade is entered.
* The trade is exited when the close is > the short term trend which is measured by a simple moving average with a default period of 5 days. * The trade is exited when the close is > the short term trend which is measured by a simple moving average with a default period of 5 days.