34 lines
1.1 KiB
Markdown
34 lines
1.1 KiB
Markdown
# 5-Period RSI
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This strategy was inspired by the following:
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[](https://x.com/QuantifiedStrat/status/1864591983798571278)
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Refer also to the [2-Period RSI](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/strategies/2-period-rsi) strategy which is closely related to this one.
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## Rules
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1. Enter a long trade when the 5-Day RSI is < 35.
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2. Exit the trade when the current day's close is > the previous day's high.
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## Parameters
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**RSI Period**: The period to use in the RSI calculation. (Default: 5)
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**Entry Threshold**: The RSI value below which to enter a long trade. (Default: 35)
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## Backtest Results
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### SPY
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### QQQ
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