Stock exchange robot: RSI-21

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On this page you can read about a strategy you can automatically follow on your own account if you are a client of NPinvestor Fondsmæglerselskab. In the box to the right, you can sign up to hear more about the strategy and about how it happens in practical terms when you want to follow a strategy.

Strategi

The Relative Strength Index (RSI) is a technical analysis model that tells whether the share “runs faster or slower” than the market. The relative strength measured over 21 stock exchange days is the basis for this strategy.

Instrument

Large Danish shares on CFD basis. Trading with CFDs involves a high risk.

Finances

The strategy is based on an account with 50,000 DKK and the CFDs can be geared with a factor 3. As a basis, trades are executed for 25 - 35,000 DKK at a time so as a starting point there could be a total of four to five open positions at a time.

Minimum investment

The minimum investment in order to follow this strategy is 25000 DKK.

Description of RSI-21

When the day level on RSI-21 increases to above 70, then the robot buys a share and sells the share again when RSI drops to below 50. 

The strategy is based on Investtech’s studies of RSI on shares. You can read more about the studies on Investtech’s website.

Expected trading frequency per week: 0-10.

Start date: The strategy starts on Monday 27 August.

If you want to follow the strategy on your own account, you must set yourself up as a client at NPInvestor Fondsmæglerselskab.

If you are already a client, then log in and choose the Copy Trader Master called RSI-21 with the ID number 150.

If you are in doubt about how to follow a Copy Trader Master, then read more here https://npinvestor.com/da/ctm - or call us on +45 88300000

 

Risk warning: Trading with CFDs and currency involves a high risk of loss. A European survey has shown that 74-89% of retail clients lose money when they trade with CFDs.

Historical return is not a reliable indicator or guarantee for future return.