# Larry Conners RSI 2

A strategy that uses RSI and moving averages for trading on EUR/USD with customizable inputs.

Canonical: https://prismaticalgos.com/compendium/algo/58-larry-conners-rsi-2
Record ID: 58
Catalog rank: 1030 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.mql5.com/en/code/19503
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: EURUSD
- timeframes: 1H
- sessions: Not specified
- market_regime: any

## Indicators

- RSI: {"period": 2}; applied to: close
- Fast MA: {"period": 5}; applied to: close
- Slow MA: {"period": 200}; applied to: close

## Recorded long-entry rules

- RSI (2 period) is less than 6.
- Close of previous candle is greater than slow Moving Average.

## Recorded short-entry rules

- RSI (2 period) is greater than 95.
- Close of previous candle is less than slow Moving Average.

## Recorded exit rules

- Close is greater than fast Moving Average.
- Close is less than fast Moving Average.

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Stop Loss (pips) = 30
- Take profit: Take Profit (pips) = 60
- Position sizing: Lots = 1