Strategy Name
Larry Connors RSI-2
Developed by Larry Connors, the 2-period Relative Strength Indicator (RSI) strategy is based on the principle that market prices return to a mean after significant highs or lows. A buy signal is generated when the 2-period RSI goes below 5, and the market price is above the 200-period MA. A long position is closed when the market price closes above the 5-period MA. In this backtest, we used the components of the Russell 3000 index as a stock universe. The condition "price ca sma(5)" in the formula for closing a position reads as "price crossed above the 5-period simple moving average".
Type of Positions
Long
Criteria for Opening a Position:
index(russell3000) and rsi(2) < 5
Order Execution Model: Close Prices
Criteria for Closing a Position:
price ca sma(5)
Order Execution Model: Close Prices
Initial Capital: $10,000
Capital at Risk:
5%
per trade
Portfolio Max Size: 20 positions
Comm. per Trade:
0.05%
Avg Bid-Ask Spread: 0.1%
Period: 1/1/2026 - 12/31/2026
Total Profit: $1,162
Total Trades: 849
Capital Growth: 11.6%
Profit Trades, % of Total: 61%
Profit Factor: [?] 1.15
Avg Trade Duration, days: 4.17
Payoff Ratio: [?] 0.75
Avg Profit per Trade: 0.32%
Max Drawdown: 14%
Avg Profit per Day: 0.077%
Max Drawdown, $: 1,463
Avg Market Impact: [?]
Restoration Factor: [?] 0.79
Overall Viability Score: [?]
Avg Annual Return: 11.6%
CAGR: [?] 11.6%
Year S&P 500 Equity Jan Feb
Mar Apr May
Jun Jul Aug
Sep Oct Nov
Dec
2026
11.57 11.62
3.45
-2.92
-3.79
8.07
4.52
-2.83
6.66
0.00
-1.34
Symbol
Entry Date
Exit Date
Shares Profit, $ Exit On
MI
[?]
08/13/2026
8.83
08/27/2026
8.04
65
-52.11
Close Signal
08/13/2026
20.45
08/26/2026
19.51
28
-27.43
Close Signal
08/13/2026
54.81
08/25/2026
54.58
10
-3.39
Close Signal
08/13/2026
206.11
08/24/2026
203.08
2
-6.88
Close Signal
08/13/2026
130.02
08/19/2026
130.52
4
0.96
Close Signal
08/13/2026
20.13
08/19/2026
20.12
28
-1.41
Close Signal
08/13/2026
10.16
08/19/2026
10.81
56
35.21
Close Signal
08/13/2026
275.53
08/18/2026
279.26
2
6.35
Close Signal
08/13/2026
558.89
08/14/2026
578.22
1
18.18
Close Signal
08/12/2026
27.41
08/24/2026
25.98
21
-31.14
Close Signal
08/12/2026
75.64
08/21/2026
75.62
7
-1.20
Close Signal
08/12/2026
84.44
08/21/2026
81.85
6
-16.53
Close Signal
08/12/2026
2.17
08/17/2026
2.23
266
14.78
Close Signal
08/12/2026
97.29
08/14/2026
98.71
5
6.12
Close Signal
08/12/2026
120.12
08/14/2026
120.84
4
1.91
Close Signal
08/12/2026
179.79
08/13/2026
183.91
3
11.26
Close Signal
08/11/2026
67.05
08/19/2026
65.04
8
-17.13
Close Signal
08/11/2026
52.95
08/13/2026
57.36
11
47.27
Close Signal
08/11/2026
52.24
08/13/2026
53.66
11
14.45
Close Signal
08/10/2026
1.40
08/18/2026
1.13
417
-113.59
Close Signal
08/07/2026
9.52
08/14/2026
9.27
61
-16.39
Close Signal
08/07/2026
9.90
08/13/2026
10.33
58
23.75
Close Signal
08/07/2026
113.77
08/10/2026
120.86
5
34.26
Close Signal
08/06/2026
215.99
08/13/2026
210.58
2
-11.67
Close Signal
08/06/2026
33.01
08/13/2026
32.93
17
-2.48
Close Signal
08/06/2026
124.32
08/12/2026
124.65
4
0.32
Close Signal
08/06/2026
53.68
08/07/2026
55.90
10
21.03
Close Signal
08/05/2026
171.17
08/13/2026
168.94
3
-7.71
Close Signal
08/05/2026
21.49
08/12/2026
20.70
26
-21.63
Close Signal
08/04/2026
14.23
08/24/2026
12.12
40
-85.41
Close Signal
08/04/2026
9.16
08/12/2026
8.87
62
-19.09
Close Signal
08/04/2026
11.09
08/12/2026
10.74
51
-18.95
Close Signal
08/04/2026
204.17
08/12/2026
203.45
2
-2.25
Close Signal
08/04/2026
62.66
08/11/2026
62.70
9
-0.77
Close Signal
08/04/2026
70.69
08/11/2026
69.89
8
-7.52
Close Signal
08/04/2026
17.01
08/06/2026
17.21
33
5.47
Close Signal
08/03/2026
76.63
08/13/2026
74.84
7
-13.58
Close Signal
08/03/2026
58.36
08/13/2026
57.50
9
-8.78
Close Signal
08/03/2026
41.67
08/12/2026
40.29
13
-19.00
Close Signal
08/03/2026
68.06
08/11/2026
67.42
8
-6.20
Close Signal
08/03/2026
123.19
08/07/2026
123.76
4
1.29
Close Signal
08/03/2026
2.15
08/06/2026
2.32
268
44.34
Close Signal
08/03/2026
107.08
08/06/2026
108.07
5
3.87
Close Signal
08/03/2026
8.81
08/05/2026
9.07
65
15.73
Close Signal
08/03/2026
127.33
08/04/2026
133.59
4
23.98
Close Signal
07/31/2026
82.30
08/13/2026
75.79
7
-46.65
Close Signal
07/31/2026
39.94
08/12/2026
38.05
14
-27.54
Close Signal
07/31/2026
308.64
08/06/2026
312.14
1
2.88
Close Signal
07/31/2026
250.83
08/04/2026
269.37
2
36.02
Close Signal
07/30/2026
71.68
08/07/2026
71.03
8
-6.34
Close Signal
07/30/2026
205.48
08/05/2026
228.72
2
45.59
Close Signal
07/30/2026
126.82
08/04/2026
127.38
4
1.22
Close Signal
07/30/2026
104.42
08/04/2026
106.07
5
7.19
Close Signal
07/30/2026
71.54
08/04/2026
71.55
8
-1.06
Close Signal
07/30/2026
4.64
08/03/2026
4.99
124
42.18
Close Signal
07/30/2026
4.41
08/03/2026
4.63
131
27.62
Close Signal
07/30/2026
112.16
08/03/2026
114.00
5
8.06
Close Signal
07/30/2026
23.33
08/03/2026
24.00
24
14.94
Close Signal
07/29/2026
79.88
08/04/2026
79.37
7
-4.68
Close Signal
07/29/2026
352.28
07/30/2026
365.54
1
12.54
Close Signal
07/28/2026
93.62
08/03/2026
92.44
6
-8.19
Close Signal
07/28/2026
50.50
08/03/2026
49.53
11
-11.77
Close Signal
07/28/2026
120.03
07/30/2026
125.21
4
19.73
Close Signal
07/28/2026
522.70
07/30/2026
579.87
1
56.04
Close Signal
07/27/2026
173.71
08/04/2026
154.08
3
-59.84
Close Signal
07/27/2026
9.50
08/03/2026
8.86
60
-39.48
Close Signal
07/27/2026
73.77
08/03/2026
68.33
7
-39.06
Close Signal
07/27/2026
79.30
07/31/2026
79.18
7
-1.95
Close Signal
07/27/2026
1.96
07/31/2026
1.94
292
-6.98
Close Signal
07/27/2026
112.85
07/30/2026
113.75
5
3.36
Close Signal
07/27/2026
3.08
07/30/2026
3.14
186
10.00
Close Signal
07/27/2026
0.225
07/28/2026
0.2434
2,550
45.70
Close Signal
07/24/2026
5.32
07/31/2026
5.22
107
-11.82
Close Signal
07/24/2026
574.08
07/31/2026
568.91
1
-6.31
Close Signal
07/24/2026
114.46
07/30/2026
117.36
5
13.33
Close Signal
07/24/2026
232.11
07/30/2026
235.50
2
5.84
Close Signal
07/24/2026
326.17
07/30/2026
337.52
1
10.68
Close Signal
07/24/2026
87.73
07/29/2026
87.83
6
-0.45
Close Signal
07/23/2026
11.27
07/29/2026
12.06
50
38.31
Close Signal
07/23/2026
94.48
07/27/2026
99.14
6
26.78
Close Signal
07/23/2026
8.05
07/27/2026
8.67
71
42.81
Close Signal
07/23/2026
212.17
07/24/2026
225.11
2
24.99
Close Signal
07/22/2026
97.04
07/27/2026
103.24
5
29.98
Close Signal
07/22/2026
45.90
07/23/2026
52.45
12
77.38
Close Signal
07/21/2026
39.99
08/03/2026
38.10
14
-27.54
Close Signal
07/21/2026
5.23
07/28/2026
5.08
107
-17.15
Close Signal
07/21/2026
60.15
07/27/2026
60.40
9
1.16
Close Signal
07/21/2026
340.57
07/24/2026
358.28
1
17.00
Close Signal
07/21/2026
204.80
07/24/2026
209.52
2
8.61
Close Signal
07/21/2026
7.80
07/24/2026
7.92
72
7.50
Close Signal
07/21/2026
219.40
07/23/2026
229.29
2
18.87
Close Signal
07/21/2026
179.01
07/23/2026
192.50
3
39.34
Close Signal
07/21/2026
236.27
07/22/2026
248.07
2
22.62
Close Signal
07/20/2026
10.26
07/24/2026
10.38
54
5.36
Close Signal
07/20/2026
103.75
07/23/2026
107.54
5
17.88
Close Signal
07/17/2026
6.62
07/27/2026
7.07
84
36.63
Close Signal
07/16/2026
1.49
07/30/2026
1.38
375
-42.31
Close Signal
07/16/2026
44.07
07/28/2026
42.06
12
-25.14
Close Signal
07/16/2026
46.23
07/27/2026
44.06
12
-27.11
Close Signal
07/16/2026
364.65
07/27/2026
338.61
1
-26.73
Close Signal
The Backtester tool displays results for the current year only. To analyze performance over 25+ years and build robust strategies, use our full backtesting engine with a wide range of technical and fundamental indicators.
