Announcing the publication of An Introduction to ConnorsRSI – 2nd Edition. You can download the 2nd Edition here for free. In the guidebook we provide the background, formula and historical results for ConnorsRSI along with a fully disclosed pullback trading strategy to trade ConnorsRSI.
As you may know, over the years we’ve researched and quantified the 2-period oscillator and have found it to be one of the statistically best oscillators for traders. ConnorsRSI is the next generation oscillator with significantly higher edges at market extremes, and it is available for everyone to use at no cost.
Additionally, included in this introductory guidebook is a fully-defined, quantified pullback trading strategy designed around ConnorsRSI. You can see the test results here.
Since the initial publication of our introductory guidebook, Connors Research has published several additional ConnorsRSI Strategy Guidebooks as well as our just published Advanced ConnorsRSI Strategy for ETFs.
In celebration of this release we are offering all of our ConnorsRSI Strategy Guidebooks at a savings of 40% off the Amazon List Price. Just use coupon code Save25 at checkout by April 20, 2013 Midnight ET to get any of these guidebooks for just $30.
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 has enjoyed great success since its launch. In fact, ConnorsRSI is now available on many of the most popular trading platforms including Bloomberg, ScottTrade, MetaStock and TradingView – and more platforms are being added.
For your convenience, we also offer ConnorsRSI add-on module code for AmiBroker, MetaStock, thinkorswim and TradeStation. You can request links to download that code here.
Download your FREE copy of An Introduction to ConnorsRSI – 2nd Edition here.