RSI(2) on SPY

Last Updated on November 17, 2020 by Oddmund Groette

Criteria for entry:

  1. If RSI(2) is less than 15, then enter on the close.
  2. Exit on close if today’s close is higher than yesterday’s high.

Here is the accumulated profit curve from 2005 until September 2016:

The average per trade is 0.46%.