Shared report
Free viewBacktest the Connors RSI(2) strategy on BNBUSDT
On the daily chart of BNB it buys when close > SMA(200) and RSI(2) < 5. No stop loss, a close above SMA(5) closes the trade at the next open.
5 notes about this test
- Short trades (the mirror rules below the 200-day average) cannot be executed on Spot, so only the long side is tested.
- The published rules use NO stop loss, so R-based statistics are undefined and the position size is a fixed notional, not risk to a stop.
- Connors published this for US equities and ETFs; this test runs on the crypto pair you named.
- Connors reports RSI(2) thresholds of 10, 5 and 2; the book's core table uses 5, which is what is tested.
- 29 trades: the most these rules produce in 7.3 years of 1d candles, short of the 100 a confident read wants.
Same rules on 4 markets102 trades · 67.6% win · — avg
| Market | Trades | Win | Avg |
|---|---|---|---|
| BNBUSDT | 29 | 58.6% | — |
| BTCUSDT | 29 | 75.9% | — |
| ETHUSDT | 26 | 65.4% | — |
| SOLUSDT | 18 | 72.2% | — |
| All · 1d | 102 | 67.6% | — |
Market
Timeframe
Account
History
Requested 1996-10-17 → 2026-10-18 · traded from 2019-06-29 (warm-up 600 bars)
- This report was produced before RSI, ATR and ADX were warmed up for Wilder smoothing; its RSI rules started trading on a shorter warm-up, so the first signals and the tested window's start may differ. Re-run to get corrected results.
Verdict
PROMISINGwin rate · 29 trades
- Ended above the starting budget+66.3% · 1.769%
- Win rate 50% or above58.6%
- More than 50 trades29 trades
- Verdict rules v9
- Trades
- 29
- Timeframe
- 1D
- Tested over
- 2668 days
- Time in market
- 5.1%
high win rate · 29 trades, limited sample
What to watch
- Could not be checked with doubled costs
- Could not be checked on unseen data (not run)
What the data supports
Months in profit
62% of months closed up
16 of 26 months in the tested window
Best month
+24.8%
2019-07 · 2 of 29 trades · best of 26 months
Made money after costs
profit factor 2.64
all 29 trades
Net return
+66.3%
all 29 trades
Proof
TradingView twin
BINANCE:BNBUSDT1DPosition sizeSlippage
- Position size TradingView sizes each order on the signal candle's close, so sizes differ slightly from the backtest.
- Slippage TradingView charges slippage as commission, so stop and market fills differ slightly.
Account balance
$10,000
Starting balance
$202,259
Buy & hold
- Balance
- Buy & hold
Trust scoreThe fixed factors behind the trust score, each with its own measurement.
C
Grade
PROMISING
Verdict
Strategy replay
- SMA 200
- RSI 2
- SMA 5
Entry
736.24
Buy · 9 Oct 2026 · 4 bars
Stop loss
None
Exits on its rule
Take profit
None
Exits on its rule
Result
+2.32%
Exit rule at 754.09 · 12 Oct 2026
Trace4 steps
Signal
candle close
736.08
8 Oct 2026
Filled
next open
736.24
9 Oct 2026
No stop
none
9 Oct 2026
Exit · Exit rule
754.24
12 Oct 2026
Monthly returns
Wins and losses
- Wins17
- Losses12
Your rules
Buys when
close > SMA(200) and RSI(2) < 5
Stop
None · no stop rule was given, none was invented
Target / exit
Rule exit · a close above SMA(5) closes the trade at the next open
Risk per trade
Position: 100% of equity (no stop, so risk cannot be defined)
- After an exit
- The next entry signal is read from the candle after the exit, not on the exit candle
- Not modelled
- Margin calls, liquidation and CFD overnight financing; perpetual funding is charged when the data carries it
Latest trades
29 closed trades
| Date | Direction | Entry price | Exit price | Result |
|---|---|---|---|---|
| 9 Oct 2026 | long | 736.2372 | 754.0892 | Win |
| 14 Nov 2025 | long | 927.3354 | 932.6034 | Win |
| 4 Nov 2025 | long | 993.7387 | 990.9418 | Loss |
| 2 Aug 2025 | long | 757.2314 | 768.4663 | Win |
| 3 Feb 2025 | long | 617.9236 | 612.2675 | Loss |
| 19 Dec 2024 | long | 686.5273 | 694.0212 | Win |
| 21 Nov 2024 | long | 605.5111 | 621.7356 | Win |
| 3 Aug 2024 | long | 543.0086 | 517.0966 | Loss |
| 5 Jul 2024 | long | 513.6027 | 510.3979 | Loss |
| 11 Jun 2024 | long | 625.2250 | 608.0784 | Loss |
Monthly heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | — | — | — | — | — | — | 24.8% | 3.0% | -12.9% | — | — | — |
| 2020 | — | — | — | — | — | — | — | — | 6.1% | — | -0.5% | — |
| 2021 | — | — | 8.9% | — | 3.1% | 13.8% | — | — | -0.7% | — | 4.4% | 3.2% |
| 2022 | -2.4% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | — | — | -0.6% | 1.5% | -0.6% | — | — | — | — | — | — | — |
| 2024 | 3.0% | — | — | — | 4.3% | -2.8% | -0.7% | -4.9% | — | — | 2.6% | 1.0% |
| 2025 | — | -1.0% | — | — | — | — | — | 1.4% | — | — | 0.1% | — |
| 2026 | — | — | — | — | — | — | — | — | — | 2.3% | — | — |
Advanced Analysis