RSI 14 divergence.

Discussion in 'Strategy Development' started by rateesquad, Jun 17, 2006.

  1. Hello all, this is a strategy which was posted on stockfetcher, it stated that this strategy is 90% accurate, now this is where the problem is..........I dont have a back testing software so if anyone has one please PM me and I will exchange the formula for the results.


    Trade Statistics
    There were 53 total stocks entered. Of those, 52 or 98.11% were complete and 1 or 1.89% were open.
    Of the 52 completed trades, 47 trades or 90.38%resulted in a net gain.
    Your average net change for completed trades was: 1.18%.
    The average draw down of your approach was: -3.51%.
    The average max profit of your approach was: 4.49%
    The Reward/Risk ratio for this approach is: 2.66
    Annualized Return on Investment (ROI): 204.34%, the ROI of ^SPX was: 4.81%.

    I would give you guys the statistics but cant put them on in word form
    Stop Loss was triggered 3 times or 5.77% of the time.
    Stop Profit was triggered 46 times or 88.46% of the time.
    Trailing Stop Loss was triggered 0 times or 0.00% of the time.
    You held for the maximum period of time (6 days) 3 times or 5.77% of the time.
    An exit trigger was executed 0 times or 0.00% of the time.



    I would give you guys the statistics but cant put them on in word form.

    PS this is only for equities, SORRy the rest of you.
     
  2. Sorry, but apart from statistics what´s the RSI 14 strategy ? Is it a simple RSI with 14 timeframe moving window ?
     
  3. No little bit different PM me, Ill give you the trading guidelines, ofcoarse in return I would like to have the results of backtesting.

    Thanks:D