BacktoastRSI divergence
An RSI divergence is the price and the RSI disagreeing. Bullish is a lower low in price while the RSI makes a higher low, and bearish is a higher high in price while the RSI makes a lower high. Welles Wilder introduced the relative strength index in 1978, and the usual setting is 14 periods. Backtoast hasn't run a divergence.
| Strategy | Trades | A year | Test |
|---|---|---|---|
| RSI divergence | – | – | Not run |
Backtoast
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Bullish and bearish
RSI puts recent gains against recent losses on a scale of 0 to 100. In the bullish case the price undercuts its last low and the RSI doesn't, and in the bearish case the price breaks its last high and the RSI doesn't. Which highs and lows count, and where you enter, isn't one published rule. An exact version, with those prices named, can be written on drafting a strategy.
Connors RSI(2)
Connors RSI(2) buys a two-day dip in an uptrend, which is a different use of RSI.
Not run.
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