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Leeloo RSI Reversal Short Strategy

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Relative Strength Index (RSI) Moving Averages moving average reversal reverse short leeloo
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relativestrengthindex movingaverage moving average reversal reverse short leeloo
This strategy is based on applying two moving averages to RSI and then opening a short position when the short-length average is above the slow-length average, has recently changed direction within the last n bars, and is in overbought territory.

  • Default settings work best on short intervals (5min)
  • Don't be afraid to use extended hours
  • Everything is based on last complete bar; once something shows up it is good to go
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