RSI Backtested on 23,487 Trades: What Really Works
liberatedstocktrader.com
RSI Backtested on 23,487 Trades: What Really Works
I tested 23,487 RSI trades on 820 years of exchange data. When configured correctly, RSI can be highly profitable, with a 53% success rate and an average of 65% winning trades. The RSI setting of 14 on a 1-hour chart is the most reliable configuration for identifying profitable buy and sell signals.
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