After I published Short Selling strategy (with RSIofUO) , I have been working for Long side strategy with same indicator.
Logic behind this is , when UO goes below oversold level , high chance of possible reversal from there ...
Tested with SPY , QQQ, TSLA on 30mins to 4hrs. Though winning rate is average , net profit is exponential ...
take a look...
![QQQ: RSIofUO Strategy [Long]](https://s3.tradingview.com/y/Yk6ba99Q_mid.png "RSIofUO Strategy [Long]")
