Deep oversold trending stock screener

Deep oversold trending stock screener

Based on a mean reversion hypothesis with the classic RSI 2 periods, this stock screener will fetch and find stocks that are in a long term trend and with sufficient Volumes. 

The RSI 2 periods with oversold criteria (RSI is below 10) should give a good opportunity to set long order.

 

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oversold RSI RSI2 trend trend following
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01/15/2018

576 posts • 1894 Followers
  1. avatar
    styrke • 01/15/2018 #

    Hello Nicolas,
    Nice screener, I appreciate the way you always try to condense at maximum the code you propose.
    Why do not use the Stochastic in this case? (in another way, for which reasons did you choose the RSI)?
    Thanks

    • avatar
      Nicolas • 01/15/2018 #

      There’s no particular reason. RSI is widely use with its default period and results seems relevant for what it’s supposed to be found here.

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