1.1 KiB
1.1 KiB
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
- Enter a long trade when the 5-Day RSI is < 35.
- 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
