duke56468
683 posts
msg #114679
- Ignore duke56468 |
7/28/2013 8:50:31 PM
This very simple filter has been profitable on backtest for most 4 mo periods since Jan 1 2010. Using one 5K trade/day max 20 trades, 3%profit stop and RSI(2) cross above 80 exit trigger. Any Ideas how to squeeze better performance out of it especially May-Aug 2010 and 2011?
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mahkoh
1,065 posts
msg #114685
- Ignore mahkoh |
7/29/2013 2:02:20 PM
Duke, just to make sure I understand this correctly:
If a stock's RSI(15) is 60 than you buy if the PRICE of that stock was above 60 yesterday and moved below 60 today?
Of course; if it is profitable it is profitable, but where the heck did you get that idea?
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duke56468
683 posts
msg #114686
- Ignore duke56468 |
7/29/2013 4:05:52 PM
Serendipity..by the time realized I was asking the wrong question with the filter I had backtested it positively, doesn't really make sense, but then Kevin's divergence filter doesn't make sense to me either but it works.
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