RSIofUO Strategy [Long]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 ...