NQ Connors RSI Reclaim
Buys a deep dip in an uptrend (or sells a deep bounce in a downtrend) once it starts to recover.
Last validated: 2026-10-16 (baseline; weekly cadence starts after launch) · Validation status: Watch — Passes on the 2-year window; extended list falls below the net ÷ DD bar after 4 later losing trades.
1 full-size NQ contract. Test window 2024-09-23 to 2026-09-23 (2 years). Slippage 4 ticks per order, $2.50 commission per contract per side ($5 round trip); $100k account. 4-tick slippage per side = NQ $20, ES $50, GC $40 before commission.
Plain-English rules
- Market
- Nasdaq-100 E-mini (NQ)
- Timeframe
- 30m — 1h also passes
- Direction
- Long & short (43 of 53 trades were shorts)
- Style
- Mean reversion
- Frequency
- about 26 trades a year
- In stacks
- NQ Stack
- Uses the Connors RSI — an average of a 3-period RSI, a 2-period RSI of the up/down-close streak, and the percent rank of the latest 1-bar change over 100 bars.
- Long: Connors RSI was at or below 20 on the prior bar and crosses back up through 20, with the trend filters allowing longs. Short: it was at or above 80 and crosses back down through 80, with filters allowing shorts.
- Exits: shared stop and trailing stop, an opposite reclaim signal, or flat at 16:00 ET. Of 53 trades: 34 end-of-day flatten, 12 signal exits, 6 stops, 1 outside-RTH flatten. Average hold about 2.7 hours.
- Shared NQ filters: Regular session only; entries from 20 min after the open to 14:30 ET; long and short, one position at a time, max 2 trades/day; trend and volatility filters must agree (price vs 100-EMA and its slope, ADX(14) ≥ 18 with DI agreeing, ATR(14) ≥ 10 pts); initial stop 2.2×ATR then a 2.8×ATR trailing stop; flat at 16:00 ET.
Summary of the rules. The full parameter-level rules document is delivered to subscribers (documents only — no code).
Equity curve & drawdown
Year-by-year
| Period | Net | PF | Trades |
|---|---|---|---|
| Year 1 (exits to 2025-08-31) | $8,560 | 1.32 | 33 |
| Year 2 (from 2025-09-01) | $27,150 | 3.8 | 20 |
76% of the 2-year profit came in year 2. Year 1 = exits 2024-09-23 to 2025-09-22; year 2 = exits 2025-09-23 to 2026-09-23 (saved trade list clipped to the window: 53 trades, +$35,710, PF 1.98; closed-trade DD $11,465). Per TV4REAL's NQ/GC stack files.
Recent form
Last 3 months (exits 2026-06-24 to 2026-09-23): 6 trades, +$13,930, no losing trades. An earlier cut (extended list, last 3 months: 9 trades, PF 1.48, +$3,825. The 4 trades that exited after the test window (to 2026-10-07) lost $7,250, which drops net ÷ max DD from 3.05× to 2.48× — below the ~3× bar.) ended on a later date and told a different story — recent form is unstable on small samples.
Robustness
Neighbor-timeframe (20m/45m) and parameter-nudge checks not run. 30m and 1h pass; 5m and 15m fail.
Other timeframes
| Timeframe | Net | PF | Win % | Trades | Max DD | Result |
|---|---|---|---|---|---|---|
| 1h | +$35,615 | 2.68 | 65.71% | 35 | $8,522.50 | passes |
| 15m | +$6,180 | 1.06 | — | — | $30,437.50 | fails |
| 5m | +$29,410 | 1.14 | — | — | $24,637.50 | fails |
Flags for this strategy
- Thin pass on net ÷ max DD (3.05×).
- Only 53 trades; a handful of trades can swing the stats.
- Mostly shorts (43 of 53) in a strongly rising market window.
- Profit weighted to year 2 ($27.2k of $35.7k).