Entry
textCRSI < 10 AND CLOSE > SMA200Exit
textCRSI > 50FAQ
What is the Connors RSI Mean Reversion — NIFTY 100 strategy?
Buys when the Connors RSI drops below 10 — a composite short-term oscillator at a high-probability oversold extreme — while price holds above its 200-day average, and exits as the oscillator normalises above 50. A statistically-grounded buy-the-dip rule that only fades weakness inside an intact u…
What are the entry and exit rules?
It enters when CRSI < 10 AND CLOSE > SMA200, and exits when CRSI > 50.
Is it a long or short strategy?
It trades the long side — it takes long positions when the entry condition fires.
What are the risk controls?
It uses a 5% stop-loss, a 8% profit target, with equal position sizing.
How do I backtest it?
Open the strategy and run a backtest to see its historical signals and equity curve on Indian market data before deploying it.