Larry ConnorsLarry ConnorsRecommended 1DChannel

Double 7s

71.3%Win rate
80Trades
1.91Profit factor
+184.0%Return · hold +1482.4%
33.5%Drawdown

Account curve

BTCUSDT · 1D · 7.5 years
+184.0%80 trades · trailed holding by 1298.3 pts
StrategyBuy & hold

Verdict

71.3%win rate
Recommended
Win rate 50% or above (passed)71.3%
Ended in profit (passed)+184.0%
More than 50 trades (passed)80

Wins and losses

57of 80 won
Wins 57Losses 23
Drawdown33%
Hold drawdown75%
Time in market29%

Rules

Timeframe1D
1D
Setup / filterclose > SMA(200)
close > SMA(200)
Entrythe close is the lowest close of the last 7 candles → market at the next candle open
the close is the lowest close of the last 7 candles → market at the next candle open
StopNONE — no stop-loss rule was provided, so no stop is placed
NONE — no stop-loss rule was provided, so no stop is placed
Target / exitTarget: no fixed target · Rule exit: a close that is the highest close of the last 7 candles closes the trade at the next open
Target: no fixed target · Rule exit: a close that is the highest close of the last 7 candles closes the trade at the next open
Risk1% of equity as trade notional (there is no stop, so this is not risk to a stop)
1% of equity as trade notional (there is no stop, so this is not risk to a stop)

Differences from the video

3
Shown on every result

Long side only: the mirror short rules cannot be executed on Spot.

No stop loss is published, so R-based statistics are undefined and sizing is a fixed notional.

Published for ETFs; this test runs on the crypto pair you named.

Rules executed4
Published sources2

Sources

Every backtest of these rules