mohanee

RSIofUO Strategy [Long]

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
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 ...

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