RSI Here are the rules

RSI Here are the rules:

The SPX is above its 200-day simple moving average (you can use any S & P 500 derivative products, including SPYs, E-Minis, etc.).

Day 1-2-period RSI is below 65. This tells us that the market is neutral to possibly oversold condition.

Day 2-2-period RSI closes lower than Day 1.

Day 3-2-period RSI closes lower than the day the second

Buy the market (SPX, Spy, E-mini, etc.) to close Day 3.

Exit when the 2-period RSI closes above the 75th

Comment by EA Author: EA only references to the closing values ​​of the RSI three days ago. Regardless of the RSI makes during the day has no bearing on anything and will not be considered for any signals. Therefore, the signal is generated immediately after the closure of the 3rd day, if all criteria are met, and that the signal will be valid all day during the 4th day.