ninjatrader/strategies/rsi-divergence/README.md

# RSI Divergence Bot

This strategy was inspired by the following post on X:

![Strategy Rules](./strategy_rules.png)

## Rules

1. On the hourly SPY chart, enter a long when the RSI is > than it was 5 bars ago but price is lower.
2. Exit the position when the RSI is > 70.

## Backtest Results

### ETFs

#### SPY

![SPY All-Time Analysis](./backtest-results/spy_all_time_analysis.png)

![SPY All-Time Summary](./backtest-results/spy_all_time_summary.png)

#### QQQ

![QQQ All-Time Analysis](./backtest-results/qqq_all_time_analysis.png)

![QQQ All-Time Summary](./backtest-results/qqq_all_time_summary.png)

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