Triple RSI Trading Strategy

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Triple RSI Trading Strategy

Postby Apprentice » Sat Mar 16, 2024 4:06 pm

EURUSD H1 (03-16-2024 2204).png

Based on post ... 35379?s=20
We backtest the following modified trading rules:

* The 5-day RSI is below 30, and
* The 5-day RSI reading is down for the third day in a row, and
* The 5-day RSI reading was below 60 three trading days ago, and
* The close is higher than the 200-day moving average, and
* If 1-4 are true, then buy at the close.
* Sell at the close when the 5-day RSI crosses above 50.

(Short side was added)
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