STI AD RSI

I received a request for analysis of STI using the AD line derived from the 30 stocks in the FTSE STI Index.



The 13 day AD RSI is now at 28.24 level. It is certainly oversold. If you apply the technique of buying the STI index when the AD RSI rises above the 30 level, you will be 9 winners and 2 losers and 2 trades that are still opened.

The trading record is shown below:

Entry DateEntry PriceExit DateExit Price% ChangeDraw Down %Max Gain %Bars Held
12-May-041807.8910-Jun-041814.080.34-6.50151.491220
19-May-041741.0917-Jun-041827.604.97-0.13735.385120
24-Oct-052249.5722-Nov-052278.741.3-2.64492.426220
24-May-062429.7721-Jun-062322.98-4.4-6.251.199320
12-Jun-062328.3110-Jul-062429.424.34-2.16475.286720
16-Jun-062354.5714-Jul-062373.580.81-1.85344.329920
21-Aug-073320.7218-Sep-073452.093.96-2.77237.261720
27-Nov-073344.5727-Dec-073469.113.72-1.30698.290220
18-Jan-083073.7619-Feb-083100.260.86-10.63943.073420
24-Jan-083055.7625-Feb-083048.64-0.23-6.43643.680620
12-Mar-082964.3210-Apr-083089.724.23-7.36637.340620
17-Jun-083036.92OpenOpen-2.67-3.75540.33929
26-Jun-082986.62OpenOpen-1.03-2.13450.91442


For more information on the AD RSI, please refer to my earlier post.

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