Backtest

Backtest the Connors RSI(2) strategy on ETHUSDT

On the daily chart of ETHUSDT, it buys when close > SMA(200) and RSI(2) < 5. It sets no stop loss, and lets the exit rule close the trade.

Market

EthereumETH

Timeframe

1D

Account

$10,000

History

8.0 years
21 Sept 201819 Sept 2026
RulesRSI(2) mean reversionAs publishedchartschool.stockcharts.comeasylanguagemastery.com

69.0%win rate · 29 trades

RECOMMENDEDWeak evidence
Trades
29
Timeframe
1D
Tested over
2920 days
Time in market
5.2%

high win rate · 29 trades

What the data supports

  • Months in profit

    72% of months closed up

    18 of 25 months in the tested window

  • Best month

    +12.4%

    2025-01 · 2 of 29 trades · best of 25 months

  • Made money after costs

    profit factor 2.80

    all 29 trades

  • Net return

    +58.9%

    all 29 trades

Trust scoreThe fixed factors behind the trust score, each with its own measurement.

58Weak evidence

C

Grade

RECOMMENDED

Verdict

Net return

58.9%

-895.6 pts vs buy & hold

Win rate

69.0%

29 trades

Profit factor

2.80

20 wins · 9 losses

Max drawdown

-9.5%

from peak

Strategy replay

ETHUSDT · 1dTrade 20 / 20

Entry

3,830.49

Buy · 11 Oct 2025 · 3 bars

Stop loss

None

Exits on its rule

Take profit

None

Exits on its rule

Result

+8.28%

Exit rule at 4,151.46

Monthly returns

Best month

12.4%

Worst month

-8.6%

Typical month

2.40%

Months in profit

72%

Account curve

$10,000

Starting balance

$15,887

Final balance

$105,443

Buy & hold

Wins and losses

69%win rate
  • Wins20
  • Losses9

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)

Monthly heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDec
20194.5%6.6%-0.2%4.7%
20203.0%2.4%
20210.3%-8.6%5.7%1.9%
2022-5.9%
20233.0%1.1%3.9%1.0%-7.2%
2024-2.1%-0.3%4.8%4.7%0.0%
202512.4%6.5%-1.5%8.3%

Latest trades

29 closed trades

DateDirectionEntry priceExit priceResult
11 Oct 2025long3830.48594151.4595Win
23 Sept 2025long4199.92984141.3316Loss
2 Aug 2025long3488.90763720.2458Win
29 Jan 2025long3078.33553246.7305Win
10 Jan 2025long3219.84383450.8197Win
20 Dec 2024long3417.69343421.8455Win
25 Jun 2024long3353.41053449.7499Win
12 Jun 2024long3498.02953568.0363Win
14 Apr 2024long3007.61143155.1588Win
17 Mar 2024long3523.79463515.8267Loss

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