ninjatrader/strategies/double-7s/README.md

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Double 7's

This strategy was taken from chapter 10 of Short Term Trading Strategies That Work (2008) by Larry Connors.

Rules

  1. The asset (e.g., SPY) must be above its 200-day moving average.
  2. If the close is at a 7-day low, enter a long position.
  3. Exit the position when the close is at a 7-day high.

While the strategy rules specifically mention a 7-day period, periods of 5, 6, 8, 9, 10, etc. should work as well.