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RSIofUO Strategy [Long]
Invesco QQQ Trust, Series 1
Long
RSIofUO Strategy [Long]
By mohanee
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Dec 27, 2020
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Dec 27, 2020
After I published Short Selling strategy (with RSIofUO) , I have been working for Long side strategy with same indicator.
Logic behind this is , when UO goes below oversold level , high chance of possible reversal from there ...
Tested with SPY , QQQ, TSLA on 30mins to 4hrs. Though winning rate is average , net profit is exponential ...
take a look and provide your comments ...
I will publish the strategy soon ...
Technical Indicators
Relative Strength Index (RSI)
rsiofuo
Trend Analysis
Ultimate Oscillator (UO)
mohanee
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Related publications
RSI of Ultimate Oscillator [SHORT Selling] Strategy
by mohanee
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