going back to 1988, if you go long when RSI 2 closes below 2%
and price is above 200 day MA, and then exit on a cross back over
the 15 SMA, winning trades is 91.3%. However the sampling is
small at only 23 trades, but then again it shows you how rare it is
for RSI 2 to close below 2%. only once per year on average because
this is 23 years 5 months and there are only
23 occurrences of the 2 RSI closing below 2%
average time in trade is 10 days
here's the stats and a list of trades, each trade is based of
100K
here's some more RSI 2
RSI 2 SPX Strategy Statistics
Posted by matt on 11th of Apr 2012 at 02:11 pm
here's some more RSI 2 stats:
going back to 1988, if you go long when RSI 2 closes below 2% and price is above 200 day MA, and then exit on a cross back over the 15 SMA, winning trades is 91.3%. However the sampling is small at only 23 trades, but then again it shows you how rare it is for RSI 2 to close below 2%. only once per year on average because this is 23 years 5 months and there are only 23 occurrences of the 2 RSI closing below 2%
average time in trade is 10 days
here's the stats and a list of trades, each trade is based of 100K
Matt, the 15sma on a
Posted by frtaylor on 12th of Apr 2012 at 09:19 am
Matt, the 15sma on a daily chart is at 1400. Seems like a lot of ground to make up. Is the exit for EOD, or intraday?