This is a #LIFT program simulation result on 43 US ETFs that I'm following by using 2000 trading days data. To avoid the not filled(NF) situation, I overwrote the entry strategy to get in at low or high of the signal date, respect to long and short entries. The profit and losscut margins are at 5% equally with purchasing one share per #RSI #divergence signal.
The winning% for long positions is at 80% while the winning% for short positions is at 63%. The stock market moves up 70% of the market time so the lower predicting power for the short position was already anticipated.
When buying one share per RSI divergence signal would result $5181.36 with a win rate of 78.4% since Aug of 2014.
Not bad. I am a firm believer of the index ETFs. I buy at the bullish signal using Fibonacci retracement levels(50% & 61.8%) and sell some portion at the bearish signal. I would hold the remaining shares unless I see another opportunity. How would you trade with RSI divergence signals? Share your ideas with all of us so more people could achieve the financial freedom that we are all thriving for. Happy trading everyone~
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