stoch pop and RSI2 strategy by eemani123
By eemani123
Performance Metrics
- Author: eemani123
- Symbol: AMEX:SPY
- Timeframe: 1 week
- Net P&L: +54,567.70 USD (+545.68%)
- Win Rate: 100.0%
- Max Drawdown: 0 USD (0.00%)
- Total Trades: 14
- Sharpe Ratio: 0.091
Description
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 55I 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 :-)