1.2 KiB
1.2 KiB
RSI Divergence Bot
This strategy was inspired by the following post on X:
Rules
- On the hourly SPY chart, enter a long when the RSI is > than it was 5 bars ago but price is lower.
- Exit the position when the RSI is > 70.
Parameters
RSI Period: The period to use in the RSI calculation. (Default: 14)
RSI Smoothing: The smoothing period to use in the RSI calculation. (Default: 3)
Divergence Period: The number of bars over which to check for divergence in the price and RSI value. (Default: 5)
Exit Threshold: The RSI value over which to exit the position.
Backtest Results
ETFs
SPY
QQQ
Futures
/ES
/NQ
