ChrisMoody

Larry Connors RSI-2 Trading System!!! Surprising Win Rate!!!

NASDAQ:CELG   CELGENE CORPORATION - COMMON STOCK
This year I am focusing on learning from two of the best mentors in the Industry with outstanding track records for Creating Systems, and learning the what methods actually work as far as back testing.

I came across the RSI-2 system that Larry Connors developed. Larry has become famous for his technical indicators, but his RSI-2 system is what actually put him “On The Map” per se. At first glance I didn’t think it would work well, but I decided to code it and ran backtests on the S&P             100 In Down Trending Markets, Up Trending Markets, and both combined. I was shocked by the results. So I thought I would provide them for you. I also ran a test on the Major forex Pairs (12) for the last 5 years, and All Forex Pairs (80) from 11/28/2007 - 6/09/2014, impressive results also.

***At the bottom of the page is a link where you can download the PDF of the Backtesting Results.

The RSI-2 Strategy is designed to use on Daily Bars, however it is a short term trading strategy. The average length of time in a trade is just over 2 days. But the results CRUSH the general market averages.

Detailed Description of Rules For RSI-2 System are In The First Post. Also Provided are General Results Testing Stocks and Forex. And a PDF You Can Download To See Detailed Back Testing Results!!!


Indicators now published in Public Library:

Upper Indicator:


Lower Indicator:

Nice! I wonder how well this will work when combined with my Spectro Indicator strategy?
Reply
Hi Chris,
Quick question on this. Did you run this against the S&P100 index (OEX)? Or did you run this against all stocks in the S&P100?

Thanks!
Reply
I would like to know where the PDF link is? I am not seeing it on the post anywhere.

Thanks
+13 Reply
aprils-alcove aprils-alcove
Never mind! I found the PDF link here:

+4 Reply
ali732142 aprils-alcove
@aprils-alcove, strategy work or not? :) thanks from italy :)
+3 Reply
Hello!

Could re-upload your PDF please? Your Dropbox link doesn't work.
+10 Reply
I keep getting errors when I cut and paste the code
Reply
@ChrisMoody I've gone through a number of strategies here on TV and find all strategies interesting on the approach. Thank you for your contributions here on TV I have found all of your indicators/strategies worth-while. After reading comments, it is sad on the number of traders that ask for your specific system. These traders are the largest majority of people who lose money in the markets and will never make it as a trader unless they change their approach to trading. These same people 'want' to learn without putting in the demo time, reading books, watching videos, etc. Thanks again!
+1 Reply
so is any one coded and tested this recently ?
profitably ?
thanks
Reply
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