# ConnorsRSI Bot

A swing trading strategy inspired by the [ConnorsRSI indicator](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/connors-rsi) by Larry Connors.

## Rules

For a long trade:

* The closing price must be greater than the long term trend as measured by a simple moving average with a default period of 200 days.
* The ConnorsRSI indicator must have a reading of < 15 (default value).
* If both of the above conditions are met, the trade is entered.
* The trade is exited when the close is > the short term trend which is measured by a simple moving average with a default period of 5 days.

For short trades, the conditions are inverted.

## Backtest Results

### SPY

![SPY Analysis](./backtest-results/spy_analysis.png)

![SPY Summary](./backtest-results/spy_summary.png)

### QQQ

![QQQ Analysis](./backtest-results/qqq_analysis.png)

![QQQ Summary](./backtest-results/qqq_summary.png)

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