Pure RSI long only — Strategy by saucius
By saucius
Performance Metrics
- Author: saucius
- Symbol: MIL:PRI
- Timeframe: 1 day
- Net P&L: +54,566.20 EUR (+257.92%)
- Win Rate: 30.2%
- Profit Factor: 1.617
- Max Drawdown: 7,822.98 EUR (38.74%)
- Total Trades: 278
- Sharpe Ratio: 0.092
Description
Please watch the comment lines in the formula.This is the demostration that RSI resembles actually the real trend and you could be successfull only using different levels of RSI for entering and leaving the market. Adding a simple moving average you may obtain explosive results.