Larry Connors RSI-2 Trading System: Adapted to higher performance

Рет қаралды 14,595

Күн бұрын

Larry Connors RSI2 is a robust strategy that works on multiple markets. In this video I adapt the strategy to different timeframe to increase number of trades while keeping it's robust qualities to achieve $165902 net profit in 2021 from only two markets!
☕ Buy me a hot cup of coffee | go.statoasis.com/KoFi
⇣ J O I N A L G O M A S T E R C L A S S C O M M U N I T Y ⇣
👉 Join Algo Trading Master Class | go.statoasis.com/MC
👉 Discord Community | go.statoasis.com/Discord
⇣ D I S C O U N T C O D E S ⇣
Thank you for using them to support my channel! It allows me to create awesome videos at no cost to you.
⇢ statoasis.com/offers
⇣ F R E E S Q X I N D I C A T O R S & E B O O K S ⇣
🔥 Grab your FREE ebook & Multibar Pattern Generator for SQX:
go.statoasis.com/MBar
🔥 Grab your FREE ebook & candlestick patterns SQX Custom Blocks: go.statoasis.com/CSebook
🔥 Grab your FREE Excel Database to filter +20,000 tickers from SQX data packages:
go.statoasis.com/db
Content Time Stamp:
-------------------
00:00 Larry Connors original RSI2 strategy
03:26 Switch to intraday time frame
04:53 Adding StatOasis Market Regime
07:38 Trading more contract with favourable market conditions
10:20 Adding simple market filter
12:02 Applying the adapted strategy on multiple markets
13:14 Final adapted RSI2 strategy with two markets in a portfolio
14:25 Epilogue
Let's Connect:
---------------------------------------------------------------------
▶️ Subscribe to my KZfaq channel | go.statoasis.com/yt
📲 Check out my website | www.StatOasis.com
✍ Read my blog | go.statoasis.com/blog
🐦Twitter | go.statoasis.com/twitter
📸 Instagram | go.statoasis.com/instagram
👍 Discord | go.statoasis.com/Discord
_____________________________________________________________________
DISCLAIMER: None of what I talk about to be construed as investment advice, I am not a financial adviser nor a CPA. The videos are for educational and entertainment purposes only. The information presented in the video is accurate as of the posting date of the video and might not be accurate in the future. All links in the description might have some affiliate links and I may receive a small commission. I only share the tools and resources that I love and use regularly. Thank you so much for your support! 😍
#Finance #Investing #AlgoTrading
If you're still reading this, you rock! thank you ❤️

Пікірлер: 63

@rod85y 2 жыл бұрын

Excellent stuff. That's good manual optimisation of the RSI-2 with market conditions.

@StatOasis 2 жыл бұрын

Couldn't agree more

@Yewbzee 2 жыл бұрын

Cheers Ali. I've been running the RSI 2 live with some SQX data mined filters and it is robust so far.

@StatOasis 2 жыл бұрын

I am happy to read that

@ericwilber1228 2 жыл бұрын

Excellent! Everyone is waiting for the course to get the insights into the regime filters 😉

@StatOasis 2 жыл бұрын

It will be open to discord members end of year and to subscribes in March

@iameladlevi 2 жыл бұрын

@@StatOasis Is it available for the server registered?

@pirunsirimangkalo2385 Жыл бұрын

Excellent content thank you

@StatOasis Жыл бұрын

You are welcome!

@kaveh6161 2 жыл бұрын

Thanks a bunch Ali The content you share are very useful and enticing I bet most of your followers are eagerly waiting to enrol in your master class. Do you have a timeframe for the start of new enrollment?

@StatOasis 2 жыл бұрын

Thank you for your kind words The new launch is tomorrow for discord members, and for Algo MC list subscribers in March/April

@Lucas-vj8rr 10 ай бұрын

RSI is my all time fav Especcialy on the daily

@StatOasis 10 ай бұрын

One of the. Best for sure

@iameladlevi 2 жыл бұрын

Thanks! What are the market type filters- how do you identify sideways vs bear and volatility? Thanks 🙏

@StatOasis 2 жыл бұрын

I use two universal indicators that I built, one is for direction and the other is for volatility, and both represent market regime for each traded instrument. The indicators are part of Algo Masterclass, you can subscribe here to be notified when enrollment is open: go.StatOasis.com/MC

@lmpaske 2 жыл бұрын

Great video! Im curious, what other instruments are mean reverting besides SPY?

@StatOasis 2 жыл бұрын

Most stock indexes are, of course there is a way to test the markets

@yannistriantafillou5922 2 жыл бұрын

The best channen of trading & investing! Alli which period can i use for volatility do you mean Historical volatility?

@StatOasis 2 жыл бұрын

You can use ATR or historical volatility, or even the vix but you have to be consistent and not optimize the volatility measure per instrument. I use my own indicators that are fixed regardless of instrument and time frame

@yannistriantafillou5922 2 жыл бұрын

@@StatOasis excellent thank u!

@koxx9275 2 жыл бұрын

Thanks Ali. What indicators you use for the market regime's calculation?

@StatOasis 2 жыл бұрын

I built my own indicators for direction and volatility. Both of them make Market Regime

@eitan71 2 ай бұрын

great video and info. can you make these R3 and RSI2 tests on crypto and on lower time frames too please? Thanks

@StatOasis 2 ай бұрын

Will add it to post ideas

@eitan71 2 ай бұрын

@@StatOasis Great. Thank you!

@eitan71 2 ай бұрын

@@StatOasis sorry, i forgot to ask : why do you use the SMA200 and not the EMA200? wouldn't EMA save you from some failed trades (at least from those at the end of a trend) ? Thanks!

@StatOasis 2 ай бұрын

EMA200 could be better, using either one will work. it is just a filter.

@agentdark64 2 жыл бұрын

Good strategy Ali. Where do we find the indicators for StatOasis Direction?

@StatOasis 2 жыл бұрын

the direction and volatility indicators which make the Market Regime will be part of the Algo Masterclass. you can subscribe here to be notified when enrollment is open: go.StatOasis.com/MC

@Rogery_ 2 жыл бұрын

Hey Ali, Do you have workflow related video, or can you make FX workflow not workflow tutorial but something which put strategies to robust and then refine?

@StatOasis 2 жыл бұрын

Yes, that is the objective of the Algo Masterclass, to automate the process with workflows. Subscribe to the waiting list to be notified when enrolment is open go.statoasis.com/MC

@sijacquz Жыл бұрын

My question is whether you have tested which is the best filter to add to Connor RSI. I currently use the 200 day MA but am interested if there is a better one.

@StatOasis Жыл бұрын

each filter will perform differently, so for example you might make less money but lower drawdown, or more trades, but same net profit, etc. Most filters fall under volatility or direction. watch next video it shows you another way to get better results.

@Ethan-hp6ux 2 жыл бұрын

Been testing alot of older strategys the advantage if they still work there is alot of Oos Testing 👍

@StatOasis 2 жыл бұрын

yes, I love old strategies for the same reason.

@navketan1965 2 жыл бұрын

Sir, It appears that in strong market, NQ goes up more(and faster) than e mini Sp500. When the market is doing poorly, NQ comes down more & faster compared to e mini. Does it make sense that if market is up strongly for say 2- 3 days in A row, then sell NQ & buy e mini AS PAIR TRADE, and wait. Say 3 days later market is falling strongly 2-3 days in A row,--then reverse the pair trade. Any suggestions for other indices pairs trades, comments ?

@StatOasis 2 жыл бұрын

Of course you can test it and see if strategy is possible, there are some indicators that measure the diversion. I have some videos about pair trading on the channel

@bhaveravindra Жыл бұрын

Ali, do you have a service where in you recommend the trades when they show using your best RS2 strategy. If yes please let me know the price for it

@StatOasis Жыл бұрын

I understand that not everyone can or has the time to build strategies, but i also don’t believe in trading one strategy. Am creating a portfolio (multiple strategies) with trading signals that can be copied with a broker so its a lot easier to match the performance. Please subscribe here statoasis.com to be notified when its up and running

@vt1707 9 ай бұрын

Hi, real question, how the big hedge funds can't make more ROI than index, while there is strategy like this one doing 73% yearly return, backtested over 20 years of data?

@StatOasis 9 ай бұрын

the biggest restriction to hedge funds is capital, you can't invest 100 billion in any strategy on any timeframe, the next biggest restriction is volatility. Big investors (like pension funds, etc.) don't like to see more than 6-10% volatility per year, so that restrict the return a lot. Still there are few hedge funds that do print money year over year for the past 30 years, like renaissance, de shaw, etc.

@jee-yuyang1352 Жыл бұрын

Can you do this video with JultiCharts please? I really want to adjust my RSI_2 code

@StatOasis Жыл бұрын

will add it to post ideas

@normundskrastins6672 Жыл бұрын

thanks for video, but are the rules for each market phase?

@StatOasis Жыл бұрын

the video is posted a while ago, can you elaborate more

@normundskrastins6672 Жыл бұрын

@@StatOasis Sorry, I wanted to know more what are your settings for MD1, MD2, MD3, MV1, MV2, MV3 etc...

@sijacquz Жыл бұрын

Why not trade the Connor RSI long and short on individual stocks with long being above the 200MA and short being below the 200MA. This way you can always be market neutral.

@StatOasis Жыл бұрын

you can, testing is always the final verdict. But simple answer is shorting stocks cost money and not all available all the time. also stocks drift up. You will notice it is very easy to build long strategies on stocks/indexes and hard to do the same on the short side. also unless you have the platform to rank stocks, then it is hard to trade all signals on all stocks even on long side only.

@thinzki44 Жыл бұрын

Can this be used in Crypto trading by what time frame?

@StatOasis Жыл бұрын

It can be used on any instrument but you will find easier on indexes because they ten to mean revert

@thinzki44 Жыл бұрын

@@StatOasis what indexes?

@StatOasis Жыл бұрын

sp500, nq100, d30, R2000

@cedrickmg5630 2 жыл бұрын

Nice strategy, but i did not see any stop loss in that strategy?

@StatOasis 2 жыл бұрын

Usually I don’t use stop loss, is it mentioned in the video?

@cedrickmg5630 2 жыл бұрын

@@StatOasis No it is not mentioned in the video. For me a no stop loss strategy means a 100% win rate of trades. Why it’s not the case un that strategy?

@StatOasis 2 жыл бұрын

in general you are right, but RSI2 strategy is very fast, usually 1-3 days and you can check that from the open drawdown

@kankrz 2 жыл бұрын

10k is not enough to play with this strategy. Does it work with 1H TF ? Did you check? Regards - Kris

@StatOasis 2 жыл бұрын

You can’t trade emini with 10k but micro futures are doable, of course only Monte Carlo testing will determine the correct capital. It might work on 6 or 4 hours. The lower you go the more noise you will have to deal with

@kankrz 2 жыл бұрын

@@StatOasis Hi, I didn't notice what exit you use. I tried to copy all that you showed on the screen and I got: Strategy produces unfinished trade(s) - trade that is not closed until the very end of trading. Any hint, please?

@alihcasey 2 жыл бұрын

@@kankrz RSI2 > 75