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Add documentation for RSI divergence strategy parameters

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moshferatu 2024-09-01 05:44:45 -07:00
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strategies/rsi-divergence/README.md
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@ -9,6 +9,16 @@ This strategy was inspired by the following post on X:
1. On the hourly SPY chart, enter a long when the RSI is > than it was 5 bars ago but price is lower. 1. On the hourly SPY chart, enter a long when the RSI is > than it was 5 bars ago but price is lower.
2. Exit the position when the RSI is > 70. 2. Exit the position when the RSI is > 70.
## Parameters
**RSI Period**: The period to use in the RSI calculation. (Default: 14)
**RSI Smoothing**: The smoothing period to use in the RSI calculation. (Default: 3)
**Divergence Period**: The number of bars over which to check for divergence in the price and RSI value. (Default: 5)
**Exit Threshold**: The RSI value over which to exit the position.
## Backtest Results ## Backtest Results
### ETFs ### ETFs