Combining RSI, Beverage and Alcohol Trade Exposure, and Moving Average Signals
Summary
This stock-screening article starts with three filters: RSI below 65, exposure to the beverage and alcohol import-export industry, and a closing price above the previous day’s low. It then proposes a stricter version using a close above the 60-day moving average, a 5-day average crossing above the 10-day average, and a 30-day average crossing above the 60-day average. The article includes indicator examples for calculating RSI and moving averages.
The author frames the screen as a mix of technical and industry-based selection, but provides no backtest or performance evidence. The article itself notes that the original rules are simple, focus narrowly on one industry, and lack adequate company-level analysis and risk controls. Its proposed refinements remain incomplete as a full investment method: it does not define position sizing, exits, or validation procedures, and some code examples may not precisely implement the prose rules.
Key ideas
- The initial screen combines RSI below 65, an industry filter, and a close above the previous session’s low.
- The proposed refinement adds price and moving average crossover conditions.
- The article offers indicator calculation examples but no backtest results.
- It identifies narrow industry coverage, limited fundamental analysis, and weak risk controls as shortcomings.
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Full text
# BTC USDT results loading candles... CANDLES | ----------------------+-------------------------- period | 493 days (1.35 years) starting-ending date | 2020-01-01 => 2021-05-08 exchange | symbol | timeframe | strategy | DNA ------------+----------+-------------+------------+------- Binance | BTC-USDT | 1h | TV_RSI | Executed backtest simulation in: 27.7 seconds METRICS | ---------------------------------+------------------------------ Total Closed Trades | 94 Total Net Profit | 1,792.5069 (179.25%) Starting => Finishing Balance | 1,000 => 2,792.51 Total Open Trades | 1 Open PL | 131.91 Total Paid Fees | 329.74 Max Drawdown | -27.04% Annual Return | 113.57% Expectancy | 19.07 (1.91%) Avg Win | Avg Loss | 106.56 | 99.05 Ratio Avg Win / Avg Loss | 1.08 Percent Profitable | 57% Longs | Shorts | 100% | 0% Avg Holding Time | 2 days, 19 hours, 49 minutes Winning Trades Avg Holding Time | 3 days, 15 hours, 25 minutes Losing Trades Avg Holding Time | 1 day, 17 hours, 23 minutes Sharpe Ratio | 1.8 Market Change | 697.51%
Shown in full with attribution under the source's licence. Licence: MIT
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.