# Trading New Highs

This strategy was taken from chapter 7 of [*Buy the Fear, Sell the Greed*](https://moshferatu.dev/moshferatu/buy-the-fear-sell-the-greed) (2018) by Larry Connors.

## Rules

1. The asset (e.g., SPY) must have made a 52-week high within the past 20 days.
2. If the value of the [ConnorsRSI indicator](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/connors-rsi) is < 15, enter a long trade.
3. Exit the trade when the value of the ConnorsRSI is > 70.

## Parameters

**Max Days Since High**: The maximum number of days since a 52-week high has been made. (Default: 20)

**ConnorsRSI Entry Threshold**: The value of the ConnorsRSI below which to enter a trade. (Default: 15)

**ConnorsRSI Exot Threshold**: The value of the ConnorsRSI above which to exit a trade. (Default: 70)

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