Larry Connors Double Seven Strategy

Explore Larry Connors' Double Seven Strategy. This daily timeframe strategy uses a 200 SMA and 7-bar highs/lows for entry and exit on ETFs like SPY and QQQ. Dis

Published · Updated · Methodology: Technical Indicators

  • Methodology: Technical Indicators
  • Content type: strategy
  • Timeframes: Daily
  • Markets: SPY (S&P 500 ETF), QQQ (NASDAQ 100 ETF), XLE (Energy Sector ETF), XLF (Financial Sector ETF), EM (Emerging Markets ETF), IWM (Small-Cap ETF), GLD (Gold ETF), EFA (Developed Markets ex-US ETF), TLT (Treasury Bonds ETF)

Indicators used

  • Simple Moving Average (SMA)
  • Lowest Close (7 bars)
  • Highest Close (7 bars)

Source video

Decoded from: ¿Funciona la estrategia Double Seven de Larry Connors con SPY? by StrategyQuant Oficial Español — watch the original

Key timestamps:

  • 0:46 - Strategy creation in Algo Wizard
  • 1:25 - Data and settings
  • 1:52 - Entry rule 1: Close above SMA 200
  • 2:13 - Entry rule 2: Close below 7-bar low
  • 2:45 - Exit rule: Close above 7-bar high
  • 3:15 - Risk management (no stop loss/take profit)
  • 3:45 - Backtest results for SPY
  • 4:55 - Comparison with Buy and Hold
  • 6:00 - Backtest results for other ETFs

Topics

larry connors double seven strategy · technical indicators · trading strategy · etf trading strategy · spy trading strategy · daily trading strategy · trend following strategy · mean reversion strategy · quantitative trading · tradingview strategy · s&p 500 etf strategy · nasdaq 100 etf strategy

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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