Trading Edge 62

Instrument/asset

Gold (GLD)

Trading rules

The trading rules of the edge read like this (please also backtest yourself – you might find a way to improve it):

The trading edge behaves slightly differently depending on the close in relation to the 5-day RSI. Gold behaves differently compared to stocks as regards overbought and oversold.  

Results

Trading performance if exit after N-days (100 000 and compounding since inception):

There are few trades, but very promising in the short term.

If we exit after 2 days we get the following equity curve:

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