Hey guys! I'd like to start off my saying thanks for reading this if you are! I was trying to figure out how to create a portfolio that using the RSI value at the open, if the value is over 30, would buy a security, and an RSI at 75 would sell, while continually re-balancing the portfolio to a basket of 30 securities to equal weight at the end of day. So if security X went up 4.3% and security Y went down 2.7%, both would be brought back to being 3.33% of the size of the portfolio again before close. Any help would be greatly appreciated!
Best Regards