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# Connors VIX Reversal 2
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This strategy was taken from chapter 2 of [*Connors on Advanced Trading Strategies* ](https://moshferatu.dev/moshferatu/connors-on-advanced-trading-strategies ) (1998).
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It is the second of the [Connors VIX Reversals ](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/strategies/connors-vix-reversals ) presented in the book.
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## Rules
1. The 5-period RSI of VIX must be above 70 on the previous daily bar.
2. If the current VIX close is < the previous close , enter a long trade ( e . g ., on SPY ).
3. Exit any open trade 5 trading days later.
I am not including short trades like in the book as the results were consistently negative.
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## Parameters
**RSI Period**: The period of the RSI calculation used on VIX. (Default: 5)
**Overbought Level**: The RSI value above which the VIX is considered to be "overbought" and ready to reverse. (Default: 70)
**Days to Exit**: The number of days to wait before exiting any open trades. (Default: 3, differs from the book)
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## Backtest Results
### SPY
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### QQQ
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