This system is based on the indicator, Connors RSI, created by Larry Connor. The indicator was originally designed for stock trading, however using it in a slightly different way, we can unlock it’s potential in the currency market too. Different to the well known pull back strategy, this system uses the Connors RSI alone and only takes long positions.
The system is developed run on a 1 minute timeframe, performing best with EURUSD. To find out more, click on the link below: