Posts Tagged by rsi
|June 1, 2020||Posted by Oddmund Grotte under strategies|
Below is a simple and easy trading strategy to implement in SPY or S&P 500: IBS (internal bar strength) must be lower than 0.25 (using daily bars). RSI (21) must be below 45. If 1 and 2 are fulfilled, go long at close. Exit when close is higher than yesterday’s close. The equity curve since […]
|December 18, 2016||Posted by Oddmund Grotte under strategies|
Criterias for entry: If RSI(2) is less than 15, then entry on close. Exit on close if todays close is higher than yesterdays high. Here is accumulated profit curve from 2005 until september 2016: Average per trade is 0.46%.
|August 14, 2012||Posted by Oddmund Grotte under strategies|
I guess most traders have heard about that “the trend is your friend”. Personally I close to never trade on trends, I go the opposite way: buy weakness and sell strength. However, this depends on the instrument you trade and of course on the time frame. In general most currencies and commodities show a tendency […]