MarketInOut Stock Screener Please enable JavaScript to view this page content properly Log In | Sign Up
 
Strategy Builder
My Strategies
Popular Strategies
Backtest Log
Optimization
Strategy Name Larry Connors RSI-2
Create a Copy 
The 2-period Relative Strength Indicator (RSI) strategy was developed by Larry Connors. It 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
 Position Opening 
Criteria for Opening a Position: index(russell3000) and rsi(2) < 5
Order Execution Model: Close Prices
 Position Closing 
Criteria for Closing a Position: price ca sma(5)
Order Execution Model: Close Prices
 Backtest Parameters 
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: 1/1/2023 - 12/31/2023
The backtester displays results for the current year only. Please sign up to view the full report.
 Results 
Total Profit: $803   Total Trades: 108  
Capital Growth:8.03%   Profit Trades, % of Total:65%  
Profit Factor: [?] 3.08  Avg Trade Duration, days:3.15  
Payoff Ratio: [?] 1.67   Avg Profit per Trade:1.45%  
Max Drawdown:1%   Avg Profit per Day:0.46%  
Max Drawdown, $: 151   Avg Market Impact: [?]
Minor  
 
Restoration Factor: [?] 5.31   Overall Viability Score: [?]
10 / 10
 
Avg Annual Return: 8.03%  
 Equity Graph 
 Performance 
Year S&P 500 Equity JanFeb MarAprMay JunJulAug SepOctNov Dec
2023 6.02 8.03 8.03
     
Performed Trades: Top 100
All
 
 Symbol Entry Date Entry Price, $ Exit Date Exit Price, $ Shares Profit, $  Exit On  MI [?]
 ADP 01/27/2023 220.80 01/27/2023 220.80 2 -0.88  Period End Minor
 ARTNA 01/27/2023 57.01 01/27/2023 57.01 9 -1.03  Period End Minor
 CFR 01/27/2023 127.45 01/27/2023 127.45 4 -1.02  Period End Minor
 CHD 01/27/2023 79.55 01/27/2023 79.55 6 -0.95  Period End Minor
 CL 01/27/2023 71.59 01/27/2023 71.59 7 -1.00  Period End Minor
 CSX 01/27/2023 30.08 01/27/2023 30.08 18 -1.08  Period End Minor
 DCOM 01/27/2023 29.95 01/27/2023 29.95 18 -1.08  Period End Minor
 ATEC 01/26/2023 12.76 01/27/2023 12.94 42 6.48  Close Signal Minor
 ALE 01/26/2023 61.17 01/27/2023 61.01 8 -2.26  Period End Minor
 BRKL 01/26/2023 12.67 01/27/2023 12.94 42 10.26  Period End Minor
 BTU 01/26/2023 26.58 01/27/2023 27.25 20 12.32  Period End Minor
 CBNK 01/26/2023 21.66 01/27/2023 21.50 24 -4.87  Period End Minor
 AM 01/25/2023 10.86 01/27/2023 10.99 49 5.30  Close Signal Minor
 AMGN 01/25/2023 256.54 01/27/2023 253.65 2 -6.80  Period End Minor
 BUSE 01/25/2023 22.65 01/27/2023 22.85 23 3.55  Period End Minor
 CBU 01/25/2023 55.10 01/27/2023 55.87 9 5.93  Period End Minor
 BDN 01/24/2023 6.23 01/27/2023 6.45 86 17.82  Close Signal Minor
 BMRC 01/24/2023 29.90 01/27/2023 29.66 18 -5.39  Period End Minor
 EE 01/24/2023 23.40 01/26/2023 23.75 23 6.96  Close Signal Minor
 FSP 01/24/2023 2.88 01/25/2023 2.95 187 11.99  Close Signal Minor
 CSTR 01/23/2023 17.11 01/27/2023 16.95 31 -6.01  Close Signal Minor
 DHT 01/23/2023 8.26 01/27/2023 8.45 65 11.26  Close Signal Minor
 DUK 01/23/2023 100.99 01/27/2023 101.58 5 1.94  Close Signal Minor
 CAG 01/23/2023 37.09 01/27/2023 36.46 14 -9.85  Period End Minor
 CNP 01/23/2023 30.00 01/27/2023 29.74 18 -5.75  Period End Minor
 CPB 01/23/2023 51.58 01/27/2023 51.13 10 -5.52  Period End Minor
 FARO 01/23/2023 27.90 01/27/2023 27.36 19 -11.30  Period End Minor
 AMT 01/23/2023 215.67 01/26/2023 221.03 2 9.84  Close Signal Minor
 BDX 01/23/2023 249.58 01/26/2023 249.14 2 -1.88  Close Signal Minor
 BKE 01/23/2023 43.30 01/26/2023 43.29 12 -1.16  Close Signal Minor
 FLO 01/23/2023 26.59 01/25/2023 26.91 20 5.33  Close Signal Minor
 BLX 01/23/2023 16.30 01/24/2023 16.59 33 8.48  Close Signal Minor
 ADTN 01/20/2023 18.36 01/26/2023 18.76 29 10.52  Close Signal Minor
 ABC 01/20/2023 162.21 01/25/2023 163.46 3 2.77  Close Signal Minor
 ADI 01/19/2023 163.13 01/23/2023 169.66 3 18.58  Close Signal Minor
 AAP 01/18/2023 146.98 01/23/2023 148.62 3 4.03  Close Signal Minor
 FFBC 01/17/2023 24.24 01/27/2023 24.26 22 -0.63  Close Signal Minor
 ES 01/17/2023 83.73 01/24/2023 80.25 6 -21.85  Close Signal Minor
 ATVI 01/17/2023 74.56 01/23/2023 75.22 7 3.57  Close Signal Minor
 CFFN 01/17/2023 8.64 01/23/2023 8.53 63 -8.01  Close Signal Minor
 EMR 01/17/2023 91.24 01/23/2023 89.00 6 -14.51  Close Signal Minor
 JNJ 01/13/2023 173.43 01/25/2023 169.51 3 -12.78  Close Signal Minor
 LMT 01/13/2023 449.83 01/24/2023 449.23 1 -1.50  Close Signal Minor
 SJM 01/13/2023 154.43 01/24/2023 149.60 3 -15.39  Close Signal Minor
 BAH 01/13/2023 94.99 01/23/2023 94.33 5 -4.24  Close Signal Minor
 LHX 01/13/2023 197.16 01/23/2023 194.25 2 -6.60  Close Signal Minor
 BKD 01/13/2023 2.73 01/20/2023 2.63 196 -20.64  Close Signal Minor
 ABBV 01/12/2023 152.22 01/27/2023 146.28 3 -18.71  Period End Minor
 DGX 01/12/2023 147.46 01/23/2023 147.01 3 -2.23  Close Signal Minor
 MKC 01/12/2023 80.97 01/23/2023 78.65 6 -14.87  Close Signal Minor
 LDOS 01/12/2023 98.71 01/23/2023 96.37 5 -12.67  Close Signal Minor
 PINC 01/12/2023 33.30 01/19/2023 33.80 15 6.49  Close Signal Minor
 CVLT 01/11/2023 55.46 01/18/2023 56.75 9 10.59  Close Signal Minor
 MGNX 01/11/2023 5.17 01/17/2023 5.40 102 22.37  Close Signal Minor
 TNDM 01/11/2023 42.00 01/17/2023 42.91 12 9.90  Close Signal Minor
 VIEW 01/11/2023 0.727 01/17/2023 0.81 725 59.03  Close Signal Minor
 RYAM 01/11/2023 5.98 01/17/2023 7.28 88 113.18  Close Signal Minor
 ITCI 01/11/2023 47.72 01/17/2023 48.75 11 10.26  Close Signal Minor
 PBFS 01/11/2023 11.21 01/13/2023 11.40 47 7.86  Close Signal Minor
 ARQT 01/11/2023 13.53 01/13/2023 14.12 38 21.36  Close Signal Minor
 HQY 01/11/2023 56.71 01/12/2023 58.42 9 14.35  Close Signal Minor
 AXSM 01/11/2023 62.16 01/12/2023 64.90 8 20.89  Close Signal Minor
 NOC 01/10/2023 495.79 01/23/2023 450.87 1 -45.84  Close Signal Minor
 MSA 01/10/2023 133.19 01/13/2023 134.94 3 4.44  Close Signal Minor
 AVA 01/10/2023 42.26 01/12/2023 42.84 12 5.94  Close Signal Minor
 FREE 01/10/2023 3.71 01/11/2023 3.81 141 13.03  Close Signal Minor
 LXU 01/10/2023 12.34 01/11/2023 12.58 42 9.03  Close Signal Minor
 BAX 01/09/2023 44.70 01/23/2023 45.14 11 3.85  Close Signal Minor
 CERS 01/09/2023 2.72 01/13/2023 3.14 187 77.40  Close Signal Minor
 CHE 01/09/2023 493.54 01/13/2023 497.45 1 2.92  Close Signal Minor
 CUTR 01/09/2023 31.04 01/13/2023 32.44 16 21.37  Close Signal Minor
 FOLD 01/09/2023 11.30 01/11/2023 12.02 45 31.33  Close Signal Minor
 KBR 01/06/2023 50.53 01/12/2023 51.30 10 6.68  Close Signal Minor
 PCRX 01/06/2023 37.08 01/12/2023 37.68 13 6.82  Close Signal Minor
 DK 01/06/2023 24.35 01/11/2023 24.51 20 2.22  Close Signal Minor
 TRN 01/06/2023 26.61 01/11/2023 27.48 19 15.49  Close Signal Minor
 UNH 01/06/2023 490.00 01/11/2023 493.40 1 2.41  Close Signal Minor
 ENPH 01/06/2023 233.65 01/11/2023 238.82 2 9.39  Close Signal Minor
 PANW 01/06/2023 134.85 01/11/2023 136.71 3 4.76  Close Signal Minor
 BBBY 01/06/2023 1.31 01/10/2023 2.07 387 292.66  Close Signal Minor
 HAE 01/06/2023 73.60 01/10/2023 75.50 6 10.50  Close Signal Minor
 IDT 01/06/2023 27.23 01/10/2023 27.36 18 1.36  Close Signal Minor
 RPRX 01/06/2023 38.09 01/09/2023 39.20 13 13.42  Close Signal Minor
 ALNY 01/05/2023 225.68 01/11/2023 225.22 2 -1.82  Close Signal Minor
 AES 01/05/2023 25.87 01/09/2023 27.25 19 25.20  Close Signal Minor
 AIT 01/05/2023 117.28 01/09/2023 121.86 4 17.35  Close Signal Minor
 AAON 01/04/2023 71.67 01/06/2023 74.19 6 14.24  Close Signal Minor
 AVD 01/04/2023 21.29 01/06/2023 21.83 23 11.42  Close Signal Minor
 ARL 01/03/2023 24.53 01/20/2023 21.37 20 -64.09  Close Signal Minor
 CI 01/03/2023 321.48 01/11/2023 309.23 1 -12.87  Close Signal Minor
 ADM 01/03/2023 89.65 01/10/2023 86.23 5 -17.97  Close Signal Minor
 EE 01/03/2023 24.67 01/10/2023 23.72 20 -19.96  Close Signal Minor
 CHK 01/03/2023 86.13 01/09/2023 89.19 5 14.42  Close Signal Minor
 GPC 01/03/2023 169.81 01/09/2023 170.41 2 0.52  Close Signal Minor
 ABC 01/03/2023 164.29 01/06/2023 165.71 3 3.27  Close Signal Minor
 ATO 01/03/2023 111.20 01/06/2023 112.53 4 4.42  Close Signal Minor
 CAH 01/03/2023 76.73 01/06/2023 78.64 6 10.52  Close Signal Minor
 CASY 01/03/2023 220.95 01/06/2023 222.96 2 3.13  Close Signal Minor
 CNP 01/03/2023 29.56 01/06/2023 29.99 16 5.92  Close Signal Minor
 DE 01/03/2023 424.29 01/06/2023 426.47 1 1.33  Close Signal Minor

Backtesting Results Disclaimer
Past hypothetical backtest results are neither an indicator nor a guarantee of future returns. Actual results may vary from the analysis. Hypothetical performance results have many inherent limitations and cannot fully account for market factors such as bid-ask spread, slippage, and commission costs. There are numerous other factors related to the markets, which cannot be fully accounted for in the backtesting algorithm, but all of which can adversely affect actual trading results.



Disclaimer - Privacy Policy - Cookie Use Policy - FAQ - Contact Us
Copyright ©2008-2023 MarketInOut.com. All rights reserved.