THIS Strategy From Larry Connors Will Blow Up Your Trading Account (+203% in 2 Weeks)

in today's video i'm going to show you the legendary strategy of larry connors this strategy uses the ultimate rsi and two normal moving averages the strategy works on any type of financial asset in the time frame of 30 minutes and above in my case i'm going to test it on bitcoin on the 30-minute chart the first thing we will have to do is select two normal moving averages the first moving average we will put 200 periods we will change the color to white and we will increase the thickness to the maximum the second moving average we will put 5 periods we will change the color to yellow and we will increase the thickness to two finally we will select the ultimate rsi which is nothing more than a modified rsi that shows us the overbought and oversold points with the colors red and green to this rsi we will put the overbought and oversold points at 90 and 10 and a length of two periods the strategy is really simple to carry out a by operation we must wait for the price to be above the 200 period moving average and below the five period moving average if this is true we will carry out the buy operation when the rsi turns green we will put our stop loss at 1.5 percent and close the trade on the first candle that closes above the yellow moving average to carry out a cell operation we must wait for the price to be below the 200 period white moving average and above the five period moving average if this is true we will carry out the cell operation when the rsi turns red we will put our stop loss at 1.5 percent and close the trade on the first candle that closes below the yellow moving average something important that i have to mention is that we will close the operations even if they end in losses since if we do not close them we could be losing much more the strategy is to win small amounts of money with a high percentage of winning trades and in case of losing a trade lose 1.5 percent it is highly recommended to operate in brokers that charge less commission or operate in longer periods of time since being a strategy that earns small amounts of money the commissions could play against us now yes once this has been explained let's see some examples and ready i hope this strategy has been useful to you do not forget that before trying it with real money you need to try it in a demo account so that you can put it into practice by yourself do not forget to subscribe so as not to miss any strategy as we upload the best strategies every week