(ง ͠° ͟ل͜ ͡°)ง Larry Connors RSI-2 Scalping Strategy
More info here:
stockcharts.com...school/doku.php?id=chart_s...
and here:
systemtradersuccess....iod-rsi-update-2015/
Very interesting and simple scalping strategy with unbelievable results.
I added 4 versions that combines only the RSI OB/OS thresholds.
Also the single variable that you can change is the RSI, sometimes RSI 3 or RSI 4 works better then the original.
Also his exit point is not quite good in these days, so I added TP and SL to adjust it according to the market conditions.
Added re-entries.
It works in any time frame, so play with the TF, RSI and with all 4 variants until it fits to your needs.
Enjoy!
Zekis
stockcharts.com...school/doku.php?id=chart_s...
and here:
systemtradersuccess....iod-rsi-update-2015/
Very interesting and simple scalping strategy with unbelievable results.
I added 4 versions that combines only the RSI OB/OS thresholds.
Also the single variable that you can change is the RSI, sometimes RSI 3 or RSI 4 works better then the original.
Also his exit point is not quite good in these days, so I added TP and SL to adjust it according to the market conditions.
Added re-entries.
It works in any time frame, so play with the TF, RSI and with all 4 variants until it fits to your needs.
Enjoy!
Zekis
Release Notes:
Ability to modifiy the fast and slow moving averages