12 lines
469 B
Markdown
12 lines
469 B
Markdown
# 2-Period RSI
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This strategy was taken from chapter 9 of *[Short Term Trading Strategies That Work](https://moshferatu.dev/moshferatu/short-term-trading-strategies-that-work)* (2008) by Larry Connors.
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## Rules
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1. The asset (e.g., SPY) is above its 200-day moving average.
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2. The 2-period RSI closes below 5.
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3. Enter a long position at the close (or the following open in this case).
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4. Exit the position when the asset closes above its 5-period moving average.
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