ninjatrader/strategies/5-period-rsi

5-Period RSI

This strategy was inspired by the following:

Refer also to the 2-Period RSI strategy which is closely related to this one.

Rules

1. Enter a long trade when the 5-Day RSI is < 35.
2. Exit the trade when the current day's close is > the previous day's high.

Parameters

RSI Period: The period to use in the RSI calculation. (Default: 5)

Entry Threshold: The RSI value below which to enter a long trade. (Default: 35)

Backtest Results

SPY

QQQ

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