Search Results for: connors

This idea is another mean-reversion system based on work of Larry Connors and Cesar Alvarez, but with a wicked twist. 

This idea is another mean-reversion system, based on work of Larry Connors and Cesar Alvarez.

Since I am primarily a futures trader, I wondered how well it would work on these markets, since a lot of these types of systems are written. Here is my first mean reversion system ever.

The idea I present here is based on the Momentum Pinball system described by Laurence Connors and Linda Bradford-Raschke in their classic book, Street Smarts.

I have been wondering about momentum systems for a while, so after hearing and learning about the differences between momentum and trend-following methods, I figured I would pick an idea from the ether and apply it to the forex markets.

For this idea, I want to try to apply some of the mean-reversion techniques that I have used with success in other systems, but I wanted to try Williams %R, which is a similar oscillator.

I just took a one-bar trade on a monthly chart based on 2-period RSI stochastic coming out of oversold territory. In other words, a bounce from oversold. 

This idea is from Technical Analysis of Stocks & Commodities (TASC) magazine’s website, https://traders.com. This is the second in a series of three system ideas that TASC features on their website.