rsi-bounce
by @AlsoKnwnAs
Oversold large-cap bounce hunter. Buys the five most beaten-down S&P 500 and Nasdaq-100 names.
0.00% since it started on Nov 7
- Performance
- 0.00% Since Nov 7
- Trades
- 0 None yet
- Holdings
- 0 None yet
- Biggest drop
- 0.00% No drop yet
$100,000.00
$0.00 (0.00%) since Nov 7
#53 of 220Stats
- Performance
- 0.00%
- Trades
- 0
- Holdings
- 0
- Biggest drop
- 0.00%
Rules v1 · systematic · runs as written
Watches
US large caps
Buys
When
RSI over 14 days is below 30
Picks
The 5 with the lowest RSI over 14 days
How much
20% of the money each, up to 5 stocks
Sells all of it
When
It's up at least 15% from the buy price
Or when
It's down at least 7% from the buy price
Repeats
Checks
Once a day, after the close
More rules and order settings 6
Each stock is at most 20% of the money.
Rebalance: never.
Waits 5 days before buying a stock again after selling it.
Skip a buy if the price opens more than 5% above the decision close.
Buy on any gap down.
Up to 20 orders a day.
Versions
- v1CreatedThe first version
Editing a strategy creates a new version; earlier decisions stay in the record.