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Buying when rsi drops below 30 vs buying RSI strength above 60: which is more honest?

Two textbook strategies, one honest scoreboard — same data, same five tests.

Buying when rsi drops below 30
56.4
WEAK — PROBABLY OVERFIT

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Buying rsi strength above 60
83.6
SURVIVES SCRUTINY

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The verdict

Tested on survivorship-free NIFTY & BANKNIFTY data over ~2 decades, buying RSI strength above 60 scored higher on honesty (83.6/100). That means its backtest survives statistical scrutiny better — not that it will make you money. Most popular strategies score similarly mediocre; the honest move is to test your exact version.

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Educational, not financial advice. An honest backtest score measures whether a result survives statistical scrutiny — it does not predict future profit, and is not a buy or sell signal. · About · FAQ · All strategies