Connors Research has been developing, testing, and publishing quantified trading strategies since the mid-1990s. During that time, we have had the opportunity to evaluate a great number of different technical indicators and to assess their effectiveness in predicting future price action.
The 2-period RSI is used by thousands of traders around the world. In fact, it’s considered by many to be the single best indicator for Swing Traders. Over the past decade professional equity, ETF, and options traders have learned to rely upon the 2-period RSI as their main indicator before they make a trade.
Now we’ve taken the next step and created an indicator of our own. We call it: ConnorsRSI.
ConnorsRSI is a composite indicator consisting of three components. Two of the three components utilize the Relative Strength Index (RSI) calculations developed by Welles Wilder in the 1970’s, and the third component ranks the most recent price change on a scale of 0 to 100.
Taken together, these three factors form a momentum oscillator, i.e. an indicator that fluctuates between 0 and 100 to indicate the level to which a security is overbought (high values) or oversold (low values).
ConnorsRSI is being offered at no cost -- with full disclosure of the formula & test results. We have published an introductory guidebook that includes:
This guidebook describes the ConnorsRSI indicator itself and also provides a well-defined, quantified pullback trading strategy that utilizes this new indicator.
The chart at right shows simulated historical research results from this strategy. You will see, from the right-hand column, how ConnorsRSI can be superior to conventional RSI applications. >>
In all modesty, we believe that ConnorsRSI will become a new industry standard that will be used by thousands of traders worldwide.
Please use the form (at top right) to download your copy of the ConnorsRSI Guidebook with our compliments. We hope you will find ConnorsRSI to be helpful in your ongoing efforts to improve your own trading results.
Please Use This Form to Download Your FREE Copy of the ConnorsRSI Guidebook
You Can Be Among the First Traders to Take Advantage of This Powerful New Indicator