ninjatrader/strategies/rsi-divergence/README.md

# RSI Divergence Bot

This strategy was inspired by the following post on X:

![Strategy Rules](./strategy_rules.png)

## Rules

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.

## 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. (Default: 70)

## Backtest Results

### ETFs

#### SPY

![SPY All-Time Analysis](./backtest-results/spy_all_time_analysis.png)

![SPY All-Time Summary](./backtest-results/spy_all_time_summary.png)

#### QQQ

![QQQ All-Time Analysis](./backtest-results/qqq_all_time_analysis.png)

![QQQ All-Time Summary](./backtest-results/qqq_all_time_summary.png)

### Futures

#### /ES

![ES Analysis](./backtest-results/es_analysis.png)

![ES Summary](./backtest-results/es_summary.png)

#### /NQ

![NQ Analysis](./backtest-results/nq_analysis.png)

![NQ Summary](./backtest-results/nq_summary.png)

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