A Proven Trading Strategies With A 91.03% Win Rate
Barely works
Positive but fragile - shuffled candles do just as well
- trades tested
- 81
- per trade after costs
- +60.76bp
- winners
- 83%
- years of data
- 15.9
Triple RSI: buy SPY on the daily close when the 5-day RSI is below 30, has fallen three days in a row, was below 60 three days ago, and the close is above the 200-day moving average. Exit when the 5-day RSI closes above 50.
The exact rules we tested
- 01Instrument: SPX | Signal timeframe: 1d | Direction: long
- 02LONG when: (rsi5 < 30) AND (rsi5 falling over 3 bars) AND (rsi5_3ago < 60) AND (close > sma200)
- 03Entry: market at the signal bar's close
- 04Stop: none (as taught - the trade closes only on its exit rule)
- 05Entry fills at the signal bar's close (market-on-close)
- 06Exit signals fill at that bar's close (market-on-close)
- 07Exit longs when: rsi5 > 50