# RSI PowerZones

This strategy was taken from chapter 2 of [*Buy the Fear, Sell the Greed*](https://moshferatu.dev/moshferatu/buy-the-fear-sell-the-greed) (2018) by Larry Connors.

## Rules

1. The ETF (e.g., SPY) is trading above its 200-day simple moving average.
2. If the 4-period RSI closes < 30, enter a long trade.
3. Enter a second long trade if the 4-period RSI closes < 25.
4. Exit the trade when the 4-period RSI closes > 55.

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