RSI Strategy #Blog #30m

32.40% strategy
performance

6.50% buy&hold
performance

70% percentage
of winning trades

0.93 reward to
risk ratio

0.73% average
position return

-12.80% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at Chart of SPY, 30 min.

You can import this strategy into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the strategy.

Chart type the strategy tested at: Bars. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

Any of the following: # OBV Green
  30min Relative Strength Index (14, 70, 30, close) ≤ 30

All of the following: # "Tango"
  30min Relative Strength Index (14, 70, 30, close) ≥ 70