Implement the Larry Connors the 2-period RSI strategy #69
cinar opened this issue · 0 comments
cinar commented
Developed by Larry Connors, the 2-period RSI strategy is a fairly simple mean-reversion trading strategy designed to buy or sell securities after a corrective period. Traders should look for buying opportunities when 2-period RSI moves below 10, which is considered deeply oversold. Conversely, traders can look for short-selling opportunities when 2-period RSI moves above 90.
https://school.stockcharts.com/doku.php?id=trading_strategies:rsi2