In the first condition, it says that the condition below is triggered only when the RSI is below 30 for 2 consecutive days. But below it says that it is when the RSI is between 15% and 35%.
1. What does this mean? If the RSI is 32%, this condition itself does not apply, right? Then the condition below should be between 15% and 30%, right?
2. What are the criteria for extreme oversold, borderline oversold, extreme overbought, and borderline overbought?
With the index support removed from QuantMage, not really. The other two ideas can be isolated and backtested further, though, since, as you pointed out, the BDRY is the limiter.
This is a very interesting strategy!! Haha.
But I have two questions.
In the first condition, it says that the condition below is triggered only when the RSI is below 30 for 2 consecutive days. But below it says that it is when the RSI is between 15% and 35%.
1. What does this mean? If the RSI is 32%, this condition itself does not apply, right? Then the condition below should be between 15% and 30%, right?
2. What are the criteria for extreme oversold, borderline oversold, extreme overbought, and borderline overbought?
1. It means it'll never go into 100% SHV. At most 75% for SHV (and the remaining 25% will for TECL) when the RSI falls on 30% exactly, for instance.
2. Those numbers were empirically found in backtesting simulation.
I have to speak in Korean, but I used a translator so my intentions were not conveyed properly.
Question 1 again.
"If TQQQ's RSI(10) is below 30% for 2 consecutive days"....
"If TQQQ's RSI(10) is 15~35%?"
I don't really understand what this means.
Question 2
What condition does Extreme oversold refer to?
"Extreme oversold" means the RSI is 15% or below. Please refer to https://www.1nve.st/p/quantmage-got-more-expressive to understand how the "Mixed" incantation functions.
EUM has too little volume.
How do you buy it?
For example, if you need to change from GLDM to EUM, do you sell GLDM during the day and buy EUM at the closing price?
In the opposite case, do you sell EUM at the closing price and buy GLDM during the day the next day?
EUM is indeed relatively illiquid.
As noted in https://quantmage.app/library/guides/faq/#when-are-trades-executed, all trading happens near the market close (usually 10 minutes before the close).
Any chance of extending the backtest back further my using an asset or index similar to BDRY (assuming that is the limitation on the length)
With the index support removed from QuantMage, not really. The other two ideas can be isolated and backtested further, though, since, as you pointed out, the BDRY is the limiter.