TradingView
hobbiecode
25 maj 2023 21:15

Hobbiecode - RSI + Close previous day 

SPDR S&P 500 ETF TRUSTArca

Opis

This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:

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

If you backtest it on Mini Futures SP500 you will be able to track data from 1993. It is important to select D1 as timeframe.

Please share any comment or idea below.

Have a good trading,
Ramón.
Komentarze
zapodeanudalina
does it repaint?
dokumedya
teşekürler
Tarik29
I back-tested. It doesn't happen often but it's 90% profitable.
Więcej