Buy the Dip? RSI 30 Strategy Tested on 40 Years of S&P 500 Data
I backtested a “buy the dip” trading strategy on the SPX500 using just one indicator: RSI(5). The results are surprising — with a 76.95% win rate and only -15% max drawdown, it’s one of the safest strategies I’ve ever seen. But… it doesn’t beat buy-and-hold in total returns. In this video, I show the full backtest, ent...
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