Simple Stochastic RSI Day Trading Strategy Tested 100 Times

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[harrystyles]

Add pivot points to this strategy.
For bullish setup:
Rule 1- no trading for first 80-90 minutes.
Rule 2- bullish trades above vwap
Rule 3- if price cuts pivots or support resistance in bullish direction then look for confirmation by rule 4
Rule 4- look if Stochastic Rsi is giving bullish crossover.
Rule 5- works better in smaller time frames on daily basis like 5-10 minutes candles intraday.
Test this one, i get good results with this strategy.
Indicators used- Pivots, vwap, Stochastic Rsi, all indicators in default settings.

Test this and tell the result to viewers. Probably this can help them.

[magnusgrundel]

Have you tried the Stochastic Pop ? Buying when %K goes above 75, selling when it crosses over. And Sell Short when it goes below 25. (By Jake Bernstein, for Day Trading). Would be interesting to see the results

[alexanderr]

What is this ??
Hindsight you can draw all day long and claim to have great accuracy with your set up.
Do this during LIVE MARKETS, make actual entries as the price action develops, with money on the line, NOT knowing which way the market will swing, then you can claim that your set up works 100 times.