Strategy Test Request

Discussion in 'Strategy Development' started by Sashe, Dec 25, 2003.

  1. Sashe

    Sashe

    Can someone test this strategy, please?

    Given:
    ES 5 min time frame
    RSI (2)

    Rules:
    Long Only
    Buy when RSI(2) < 2
    Close position on stops
    Stoploss=6 ponts
    ProfitTarget=12 points

    Thanks in advance
     
  2. Seems like it would have worked during the time i checked manually at least. But there are a few 10/11 point potential winners that become losers.
    The Problem with 100% mechanical. And this works best in an uptrend of course.
     
  3. Sashe

    Sashe

    You can add short rule to sell short when RSI>98 with same parameters for stoploss and profit.
     
  4. Sashe,

    what if, after going short when RSI>98 ,and target is not reached, and the RSI is <2? do you SAR?

    thanks
     
  5. Sashe

    Sashe

    If RSI gets under 2, then Stop and Reverse
     
  6. I'm sorry sashe, but your quest for the grail continues.