Just curious if anyone here knows the settings that Connors uses for the RSI? Also.. anyone care sharing his new CVR signals.. I know about the I, II, III, V, VI.. which are posted on tradingmarkets website. thanks, --MIKE
mike just put some indicators on the vix. Look for a few nice recent trades and make up your own name. May I suggest the Jem optimized bollinger reversal vix. The jem fib vix, the the jem regression analysis vix and the jem hist vol b/o vix. Coming soon the jem Jurik vix and then the jem neural network vix.
Dude.. his studies are all backtested. I am just trying to backtest a few ideas of my own. If someone has some new or interesting ways to use the VIX.. please share.. --MIKE
Well I do not think you can give such small sample sizes any credibility. I think all he is showing is that when you have strong trend and then a stong reversal bar you have a chance to make money. Especially if you cherry pick your indicators after the fact.
thanks waggie. I think connors' stuff has bits of useful information. And I thought some of his older stuff was good. (but perhaps I knew less then) but I dislike it when I see him advertise a trading concept as 60 percent accurate and then in his book he says well it works well on strong momentum stocks. However, since I have gotten his recent books for the price of postage. I would say overall I am a satisfied consumer.