How to make/lose money with buying dips

One minute read
trading • indicators

Overview:

  • Analyzes stock data for RSI dips below a specified lower threshold and subsequent rises above a higher threshold.
  • Simulates buy and sell actions based on these RSI movements
  • Calculates potential profits/losses from these simulated trades
  • Provides a summary of dips and performance metrics

image

Source

[GitHub] https://github.com/namuan/trading-utils/blob/main/rsi_dips.py

See the top of the script on how to run it