This template runs the Leveraged ETFs with ConnorsRSI trading system through different variations. Note that in order to understand the terminology used here you should read the strategy guide as this document and the actual trading templates related to this strategy in the EdgeClub software follow the terminology exactly.
You can find the Trading Leveraged ETFs with Connors RSI Strategy guide here.
This template allows you to run performance reports daily so that you can see how the strategies are holding up. Once you know that you want to trade a particular variation of the strategy you can run the ‘Signals‘ template to get daily and intraday trading signals.
An example of the report produced by this template is as follows:
Trading Leveraged ETFs with Connors RSI Trade Simulation Template output
When this template is run, 32 variations of the strategy are put through the trade simulation engine and the summary results are displayed to the user. The strategy variations run by this template are all 1/2/3/4/5 scale-in types with varying ConnorsRSI entry levels and 5 different exit strategies.
In addition to the summary report, each variation produces a full trade simulation report detailing the exact trades made. These reports are output to the {Documents}EdgeRaterReports directory on the computer.
Here’s an example of a trade list from one of the variations:
Trade Simulation trade list from one of the variations