For fun, I ran some ran some optimization routines on an old RSI(5) system I used to use as an indicator. Supprisingly, according to these results, I would have turned 100K into more than 1million in the past 10 years if I used rsi value of 44 as a sell/short value and rsi 32 as buy/cover value and I added a 3% stop loss policy. This was for trading the Nasdaq 100. Go figure…
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.