Rsi(2) and 5sma strategy

mmohanar

Active Member
#1
Deat friends

this is not my strategy using Rsi 2 and 90,10 and 5sma .i have read in online this they mention this gives 68% to 70% profit.

Strategy:

When Rsi(2) is below 10 and price below sma 5 then go long. Exit when price cross above sma5.

When Rsi(2) is above 90 and price above sma 5 then go short. exit when price cross below sma 5.

I have not back tested this strategy anybody know abt this strategy. Make some discussion here.

Mmohanar
 

jagankris

Well-Known Member
#2
Deat friends

this is not my strategy using Rsi 2 and 90,10 and 5sma .i have read in online this they mention this gives 68% to 70% profit.

Strategy:

When Rsi(2) is below 10 and price below sma 5 then go long. Exit when price cross above sma5.

When Rsi(2) is above 90 and price above sma 5 then go short. exit when price cross below sma 5.

I have not back tested this strategy anybody know abt this strategy. Make some discussion here.

Mmohanar
RSI part is OKAY.Seems to be a buy low strat.
SMA part I am not sure and stop loss can you please more elaborate.
 

suri112000

Well-Known Member
#3
RSI part is OKAY.Seems to be a buy low strat.
SMA part I am not sure and stop loss can you please more elaborate.
Also the Timeframe for which this strategy should be traded for is not mentioned.
 

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