Anyone ever tested trading based only on simple TDI rules?
green>red: BUY
green<red: SELL
Sounds too easy to be true, and thus probably is, nevertheless I am fiddling with this in excel and am getting interesting results.
I am using M15 historical data EURUSD
Calculating RSI13 on close prices
Then calculating its 2-period SMA (green) and 7-period SMA (red).
Over a month (approx 1500 data points 24/7 trading) I get >4500 pips (LOL). Substract 2pip spread (approx 700 pips on 350 trades) and swap not accounted for, still a good result.
So, where is the bug...?
X.
green>red: BUY
green<red: SELL
Sounds too easy to be true, and thus probably is, nevertheless I am fiddling with this in excel and am getting interesting results.
I am using M15 historical data EURUSD
Calculating RSI13 on close prices
Then calculating its 2-period SMA (green) and 7-period SMA (red).
Over a month (approx 1500 data points 24/7 trading) I get >4500 pips (LOL). Substract 2pip spread (approx 700 pips on 350 trades) and swap not accounted for, still a good result.
So, where is the bug...?
X.