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Relative Strength Index System


This system buys long when the Relative Strength Index crosses above 30. It sells short when the Relative Strength Index crosses below 70. No optimization of the Periods is used. In fact the Periods value is set to the default value used in MetaStock, i.e., 14-periods. Note: Exponential indicators, such as the RSI, are sensitive to the amount of data loaded, so the buy/sell signals may vary if you vary the amount of data loaded.

Long Entry Code(copy and paste into the Enhanced System Tester):
Cross( RSI(14), 30 )
Long Exit Code(copy and paste into the Enhanced System Tester):
Cross( 70, RSI(14))
Short Entry Code(copy and paste into the Enhanced System Tester):
Cross( 70, RSI(14))
Short Exit Code(copy and paste into the Enhanced System Tester):
Cross( RSI(14), 30 )