OPEN-SOURCE SCRIPT

stoch pop and RSI2 strategy

5 607
I have combined stochsatic POP and RSI2 strategy.

Go Long on stochstaic > 80 and RSI2 pulled back to 30 (note when you are entering Long, check that stochsatic is still above 80 )

Close Long when stochastic crossing down 55

I have back tested this on SPY weekly. It has less trades but high profitable with very less draw down.

Other time frames you have more signals but , not great winning rate.

Since this is weekly setup, good for investing ... long waiting to close , patience required :-)

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.