Monday, November 5, 2012

Here's the updated RSI 2 strategies - As you know, ...

Here's the updated RSI 2 strategies - As you know, one RSI strategy closed out on Thursday (the one that only used the RSI 2 getting over bought without the trending indicator), while the one with the trending indicator closed out on Friday's ugly day after the close.


Here are the charts and Statistic reports.  The system that uses the trending indicator has a higher profit factor and a higher net gain, while the one that ONLY uses the RSI 2 to exit trades has a lower profit target of 7 vs 9.8 and a lower total profit gained - however it does have a higher win rate winning 85% of the trades vs 83.9% for the trending system


I will be adding these systems to the Mechanical Systems section of the website and plan to send email alerts when they trigger

No comments:

Post a Comment