ZeroSum 33 posts msg #112651 - Ignore ZeroSum |
4/4/2013 8:45:46 PM
Kevin and others use an RSI(2) type setup to swing trade.
Does anyone uses an RSI(2) filter to get a list of stocks that they just day trade the next day?
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Kevin_in_GA 4,599 posts msg #112652 - Ignore Kevin_in_GA |
4/4/2013 9:07:59 PM
For me, RSI(2) is only a small part of any entry criteria I use. I almost always look for other intrinsic or extrinsic signs of weakness. I do use this for exits by itself (I tend to use only 1 criterion for exits on any system I develop).
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ZeroSum 33 posts msg #112671 - Ignore ZeroSum |
4/5/2013 2:50:09 PM
Kevin, I should have been clearer. I meant "RSI(2)" as a catchall for any deeply oversold mean-reverting setup.
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