A based on 2RSI weekly strategy working on indexes.

A based on 2RSI weekly strategy working on indexes.

It is just one version of the 2RSI strategy originated by Connors. It is tested and optimized by me to work on the weekly timeframe. It gives good results on major indexes without changing any parameter.

This weekly strategy can be used both for automatic trading and advisor for manual entry during the weekdays while the strategy gives an entry signal (I use also an indicator replying the strategy).

Any suggestion or improvement is welcome.

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  1. luxrun • 05/30/2023 #

    A courtesy, you can also post the indicator you use for manual operations? Thank you

    • superfalcio • 05/30/2023 #

      I need to fix it a little bit before to post…

      Since today, you can find the indicator in the Indicator section.
      It is named:

      Indicator to support the strategy: “A based on 2RSI weekly strategy working on indexes”.

  2. Stenozar • 05/30/2023 #

    Hi Superfalcio, can you explain, in short, the Connor’s 2Rsi strategy?

  3. superfalcio • 05/30/2023 #

    The original one is based on 1 day timeframe and for stocks/indexes. Buy setup: price >SMA200 and 2-RSI < 10 (the concept is to have a retracement in a stable trend). Sell setup: the opposite.
    You can find tons of variants in internet and also in Prorelacode there are same example, for istance:

  4. superfalcio • 349 days ago #

    Since today, you can find the indicator in the Indicator section.
    It is named:

    Indicator to support the strategy: “A based on 2RSI weekly strategy working on indexes”.

  5. superfalcio • 349 days ago #


  6. ThaNoizy • 302 days ago #

    Hey! Has this system been running live for anytime before you posted?

    • superfalcio • 301 days ago #

      I kind of…. as it is weekly, it is running demo, and manually I decide if operate or not. You have time even during the weekdays after the signal. 🙂

  7. ThaNoizy • 301 days ago #

    Alright, did you create the system on any in-sample data and what period was that compared to the Out of sample data? Or what method did you use to test it’s robustness?

    • superfalcio • 301 days ago #

      Just created the system with in-sample data. To support its robustness e can take into consideration that the same system is working well, with comparable performances also with the most part of main indexes and with diferent timeframe (anyway close to 1 week).
      I will try to make further simulations with out of sample data as your question is suggesting me. Any simulations from your side is welcome!

    • joaoarcher • 70 days ago #

      Hi, thank you for the this. Is it possible to create a screener from this indicator, so that we can filter those who are in buy/short signal at the moment?

  8. KumoNoJuzza • 299 days ago #

    Hi Guys. This looks very interesting but don’t overnight fees kill the profit when trading on IG ?

    • ThaNoizy • 298 days ago #

      Yes, you cannot use CFDs on IG for Weekly strats you need to use their Index Futures, they have wider spreads but no overnight cost.

    • KumoNoJuzza • 296 days ago #

      Thanks. I did not know IG had Futures. I am always missing an info or a detail. I used to think: Futures = IB and IG = CFD . Learning goes on !!

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