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README.md |
Triple RSI Drop
This strategy was inspired by the following:
Rules
- The asset (e.g., SPY) must be above its 200-day moving average.
- The 5-period RSI must have been below 60 3 days ago.
- The 5-period RSI has dropped for 3 days in a row.
- If the 5-period RSI closes below 30, enter a long trade.
- Exit the trade when the 5-period RSI closes above 50.