RSI is the most popular indicator, according to TradingView. So why does it test like garbage?
I show you backtest results using several RSI strategies:
EMA fun fact: we use EMA's today because the previous generations of traders didn't even have calculators. EMA's aren't any better than other moving averages, but they are much easier to calculate by hand.
Questions/comments welcome.
I show you backtest results using several RSI strategies:
- Crossunder from overbought/crossover from oversold (the default RSI strategy provided by TradingView and suggested by Wilder)
- RSI + EMA 200: is RSI profitable with the trend?
- RSI + ADX: is RSI profitable in sideways markets?
- RSI + Divergences: can RSI with divergences find turning points in the market?
EMA fun fact: we use EMA's today because the previous generations of traders didn't even have calculators. EMA's aren't any better than other moving averages, but they are much easier to calculate by hand.
Questions/comments welcome.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.