ninjatrader/strategies/connors-rsi

ConnorsRSI Bot

A swing trading strategy inspired by the ConnorsRSI indicator 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

QQQ

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