Modern Contrarian Trading Strategies in Python — Part II.
Creating a Strategy Based on the RSI² Indicator.
The quest for the ultimate trading strategies is filled with unlimited opportunities and combinations. We always have to dig deeper to find opportunities that have not been exploited yet. Consider a goldmine with many miners, soon it will have no nuggets left. This can be compared to trading strategies where crowded ones have stopped working. This article discusses one exotic strategy that is not very known.
I have just published a new book after the success of my previous one “New Technical Indicators in Python”. It features a more complete description and addition of structured trading strategies with a GitHub page dedicated to the continuously updated code. If you feel that this interests you, feel free to visit the below link, or if you prefer to buy the PDF version, you could contact me on LinkedIn.
The Relative Strength Index
The RSI is without a doubt the most famous momentum indicator out there, and this…
