Shorts - When
price is below the 160 day SMA, when RSI closes above 10%, take a
short position at the close of the day.
Exit the Short when price closes
below the 8 day SMA, if our custom momentum indicator doesn't tell
the system to hold the trade for a longer period of time, exit the
trade at the close of the day.
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need to edit the overview in Mech Systems...
SPY RSI 2 short watch?
Posted by whs956 on 30th of Jun 2015 at 04:05 pm
here is what it says:
Shorts - When price is below the 160 day SMA, when RSI closes above 10%, take a short position at the close of the day.
Exit the Short when price closes below the 8 day SMA, if our custom momentum indicator doesn't tell the system to hold the trade for a longer period of time, exit the trade at the close of the day.