Strategy library · Mean reversion and bands
Double 7s (Connors) backtest on NQ and ES futures
Double 7s (Connors)
Also called: double seven strategy, Connors Double 7, 7 day low strategy, buy when price closes at a 7-day low while above the 200 SMA, short when price closes at a 7-day high while below the 200 SMA
What happens if you buy NQ every time price closes at a 7-day low while above the 200 SMA?
What it is
The Double 7s strategy was popularized by Larry Connors and uses 7-day highs and lows. Above the SMA 200, it goes long on a close at a 7-day low (short on the mirror below it), and exits on a close at a 7-day high (long) or low (short).
What it did
On NQ futures from 2024-10-08 to 2026-10-07, the Double 7s (Connors) strategy took 27 trades on the daily chart, won 74.1% of them and finished 1,520.50 points ($30,410 on one NQ contract), before commission and slippage. From 2024-10-08 to 2026-10-07 on NQ, the 24 long trades on the daily chart won 79.2% and made 6,654.75 points ($133,095 on one NQ contract), before commission and slippage. On ES futures from 2024-08-28 to 2026-08-27, the Double 7s (Connors) strategy took 28 trades on the daily chart, won 75.0% of them and finished 296.75 points ($14,838 on one ES contract), before commission and slippage. This strategy was tested on the daily chart only; every trade is listed on this page.
How it was tested
CE Market Solutions tested the Double 7s (Connors) strategy on NQ (2024-10-08 to 2026-10-07) and ES (2024-08-28 to 2026-08-27) futures, before commission and slippage, with each signal filled at the next bar's open, intraday positions flat at 15:59 ET and textbook default indicator settings; every trade is listed on this page.
See it tested with one change · $19
Tested by CE Market Solutions on 2026-10-26. Every trade is listed below. Gross, no commission or slippage. Last 2 years.
Results
Rule as tested: Above SMA 200, long on a close at a 7-day low; short on the mirror below it. Exit: Close at a 7-day high / low.
| Timeframe | NQ · 2024-10-08 to 2026-10-07 | ES · 2024-08-28 to 2026-08-27 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trades | Win % | Avg pts | Profit factor | Net pts | Net $ (1 NQ) | Max DD pts | Trades | Win % | Avg pts | Profit factor | Net pts | Net $ (1 ES) | Max DD pts | |
| Daily | 27 | 74.1% | 56.31 | 1.159 | 1,520.50 | $30,410 | 5,517.00 | 28 | 75.0% | 10.60 | 1.181 | 296.75 | $14,838 | 919.25 |
| Daily · longs only | 24 | 79.2% | — | — | 6,654.75 | $133,095 | 1,555.75 | 25 | 80.0% | — | — | 1,072.75 | $53,638 | 326.25 |
| Daily · shorts only | 3 | 33.3% | — | — | −5,134.25 | −$102,685 | 6,326.00 | 3 | 33.3% | — | — | −776.00 | −$38,800 | 1,017.00 |
Free to use with credit to CE Market Solutions (CC BY 4.0).
ES daily: the equity line
Long and short
| Side | Trades | Net pts |
|---|---|---|
| Long | 25 | 1,072.75 |
| Short | 3 | −776.00 |
By month
| Month | Trades | Net pts |
|---|---|---|
| 2024-08 | 1 | 75.75 |
| 2024-09 | 1 | 19.50 |
| 2024-10 | 2 | 195.25 |
| 2024-11 | 1 | 106.25 |
| 2024-12 | 1 | −94.25 |
| 2025-02 | 2 | −232.00 |
| 2025-03 | 1 | 241.00 |
| 2025-04 | 1 | −329.00 |
| 2025-06 | 1 | 150.75 |
| 2025-08 | 2 | 135.75 |
| 2025-09 | 2 | 178.50 |
| 2025-10 | 1 | 147.50 |
| 2025-11 | 1 | −20.00 |
| 2025-12 | 1 | 41.25 |
| 2026-01 | 2 | 141.00 |
| 2026-02 | 1 | −16.00 |
| 2026-03 | 1 | −215.25 |
| 2026-04 | 1 | −688.00 |
| 2026-06 | 2 | 285.00 |
| 2026-07 | 2 | 154.75 |
| 2026-08 | 1 | 19.00 |
Every trade, ES daily28 trades
Daily results show the table and the equity line; there is no chart viewer for them yet.
All trades (28), newest first
Times are New York time; points are gross.
| Session date | Side | Entry (ET) | Entry price | Exit (ET) | Exit price | Exit reason | Points |
|---|---|---|---|---|---|---|---|
| 2026-08-19 | long | 2026-08-18 18:00 | 7714.00 | 2026-08-27 16:59 | 7733.00 | window end | 19.00 |
| 2026-07-20 | long | 2026-07-19 18:00 | 7485.00 | 2026-08-02 18:00 | 7550.00 | close at 7d high | 65.00 |
| 2026-07-09 | long | 2026-07-08 18:00 | 7517.25 | 2026-07-12 18:00 | 7607.00 | close at 7d high | 89.75 |
| 2026-06-24 | long | 2026-06-23 18:00 | 7449.25 | 2026-06-30 18:00 | 7543.25 | close at 7d high | 94.00 |
| 2026-06-08 | long | 2026-06-07 18:00 | 7368.00 | 2026-06-15 16:59 | 7559.00 | close at 7d high | 191.00 |
| 2026-04-08 | short | 2026-04-07 18:00 | 6689.00 | 2026-05-19 18:00 | 7377.00 | close at 7d low | −688.00 |
| 2026-03-04 | long | 2026-03-03 18:00 | 6813.25 | 2026-04-06 18:00 | 6650.50 | close at 7d high | −215.25 |
| 2026-02-04 | long | 2026-02-03 18:00 | 6934.00 | 2026-02-22 18:00 | 6918.00 | close at 7d high | −16.00 |
| 2026-01-15 | long | 2026-01-14 18:00 | 6955.75 | 2026-01-27 18:00 | 7010.25 | close at 7d high | 54.50 |
| 2026-01-02 | long | 2026-01-01 18:00 | 6902.00 | 2026-01-06 18:00 | 6988.50 | close at 7d high | 86.50 |
| 2025-12-15 | long | 2025-12-14 18:00 | 6831.00 | 2025-12-22 18:00 | 6930.75 | close at 7d high | 41.25 |
| 2025-11-05 | long | 2025-11-04 18:00 | 6801.00 | 2025-11-25 18:00 | 6781.00 | close at 7d high | −20.00 |
| 2025-10-13 | long | 2025-10-12 18:00 | 6632.00 | 2025-10-20 18:00 | 6779.50 | close at 7d high | 147.50 |
| 2025-09-26 | long | 2025-09-25 18:00 | 6662.75 | 2025-10-01 18:00 | 6757.00 | close at 7d high | 94.25 |
| 2025-09-03 | long | 2025-09-02 18:00 | 6448.00 | 2025-09-09 18:00 | 6532.25 | close at 7d high | 84.25 |
| 2025-08-21 | long | 2025-08-20 18:00 | 6414.25 | 2025-08-26 18:00 | 6486.75 | close at 7d high | 72.50 |
| 2025-08-01 | long | 2025-07-31 18:00 | 6359.50 | 2025-08-10 18:00 | 6422.75 | close at 7d high | 63.25 |
| 2025-06-20 | long | 2025-06-19 18:00 | 5994.00 | 2025-06-24 18:00 | 6144.75 | close at 7d high | 150.75 |
| 2025-04-25 | short | 2025-04-24 18:00 | 5529.00 | 2025-05-21 18:00 | 5858.00 | close at 7d low | −329.00 |
| 2025-03-26 | short | 2025-03-25 18:00 | 5831.00 | 2025-03-30 18:00 | 5590.00 | close at 7d low | 241.00 |
| 2025-02-24 | long | 2025-02-23 18:00 | 6040.75 | 2025-03-24 18:00 | 5813.00 | close at 7d high | −279.00 |
| 2025-02-05 | long | 2025-02-04 18:00 | 6042.75 | 2025-02-06 18:00 | 6089.75 | close at 7d high | 47.00 |
| 2024-12-11 | long | 2024-12-10 18:00 | 6052.75 | 2025-01-19 18:00 | 6032.25 | close at 7d high | −94.25 |
| 2024-11-18 | long | 2024-11-17 18:00 | 5899.75 | 2024-11-24 18:00 | 6006.00 | close at 7d high | 106.25 |
| 2024-10-24 | long | 2024-10-23 18:00 | 5844.00 | 2024-11-06 18:00 | 5963.50 | close at 7d high | 119.50 |
| 2024-10-02 | long | 2024-10-01 18:00 | 5760.25 | 2024-10-09 18:00 | 5836.00 | close at 7d high | 75.75 |
| 2024-09-04 | long | 2024-09-03 18:00 | 5538.50 | 2024-09-11 18:00 | 5558.00 | close at 7d high | 19.50 |
| 2024-08-29 | long | 2024-08-28 18:00 | 5580.50 | 2024-09-01 18:00 | 5656.25 | close at 7d high | 75.75 |
Page 1 of 1
The other trades quoted above
Every trade, NQ daily27 trades
Newest first. Times are New York time; points are gross.
| Session date | Side | Entry (ET) | Entry price | Exit (ET) | Exit price | Exit reason | Points |
|---|---|---|---|---|---|---|---|
| 2026-09-16 | long | 2026-09-15 18:00 | 29263.75 | 2026-09-20 18:00 | 29938.00 | close at 7d high | 674.25 |
| 2026-08-19 | long | 2026-08-18 18:00 | 29566.50 | 2026-08-27 18:00 | 29635.50 | close at 7d high | 69.00 |
| 2026-07-17 | long | 2026-07-16 18:00 | 29191.00 | 2026-08-03 18:00 | 28930.00 | close at 7d high | −261.00 |
| 2026-06-24 | long | 2026-06-23 18:00 | 29770.00 | 2026-07-12 18:00 | 29952.00 | close at 7d high | 182.00 |
| 2026-06-08 | long | 2026-06-07 18:00 | 28844.50 | 2026-06-15 16:59 | 30530.00 | close at 7d high | 1,685.50 |
| 2026-05-20 | long | 2026-05-19 18:00 | 28929.75 | 2026-05-25 18:00 | 29962.00 | close at 7d high | 1,032.25 |
| 2026-04-08 | short | 2026-04-07 18:00 | 24514.00 | 2026-05-18 18:00 | 29100.00 | close at 7d low | −4,586.00 |
| 2026-03-04 | long | 2026-03-03 18:00 | 24710.75 | 2026-04-06 18:00 | 24348.75 | close at 7d high | −577.25 |
| 2026-02-04 | long | 2026-02-03 18:00 | 25387.50 | 2026-02-22 18:00 | 25033.75 | close at 7d high | −353.75 |
| 2026-01-15 | long | 2026-01-14 18:00 | 25593.00 | 2026-01-26 18:00 | 25861.25 | close at 7d high | 268.25 |
| 2026-01-02 | long | 2026-01-01 18:00 | 25478.50 | 2026-01-07 18:00 | 25838.75 | close at 7d high | 360.25 |
| 2025-12-15 | long | 2025-12-14 18:00 | 25223.50 | 2025-12-22 18:00 | 25701.00 | close at 7d high | 233.25 |
| 2025-11-05 | long | 2025-11-04 18:00 | 25545.00 | 2025-11-25 18:00 | 25071.25 | close at 7d high | −473.75 |
| 2025-10-13 | long | 2025-10-12 18:00 | 24542.00 | 2025-10-20 18:00 | 25326.75 | close at 7d high | 784.75 |
| 2025-09-03 | long | 2025-09-02 18:00 | 23382.00 | 2025-09-08 18:00 | 23799.00 | close at 7d high | 417.00 |
| 2025-08-20 | long | 2025-08-19 18:00 | 23461.00 | 2025-08-28 18:00 | 23760.50 | close at 7d high | 299.50 |
| 2025-08-01 | long | 2025-07-31 18:00 | 23308.50 | 2025-08-10 18:00 | 23764.00 | close at 7d high | 455.50 |
| 2025-06-20 | long | 2025-06-19 18:00 | 21748.25 | 2025-06-24 18:00 | 22412.00 | close at 7d high | 663.75 |
| 2025-05-26 | long | 2025-05-25 18:00 | 20978.00 | 2025-05-28 18:00 | 21513.00 | close at 7d high | 535.00 |
| 2025-04-25 | short | 2025-04-24 18:00 | 19405.00 | 2025-05-21 18:00 | 21145.00 | close at 7d low | −1,740.00 |
| 2025-03-26 | short | 2025-03-25 18:00 | 20511.50 | 2025-03-30 18:00 | 19319.75 | close at 7d low | 1,191.75 |
| 2025-02-24 | long | 2025-02-23 18:00 | 21700.75 | 2025-03-24 18:00 | 20353.00 | close at 7d high | −1,555.75 |
| 2025-01-28 | long | 2025-01-27 18:00 | 21343.25 | 2025-02-05 18:00 | 21764.50 | close at 7d high | 421.25 |
| 2024-12-19 | long | 2024-12-18 18:00 | 21499.75 | 2025-01-19 18:00 | 21600.00 | close at 7d high | 100.25 |
| 2024-11-18 | long | 2024-11-17 18:00 | 20504.00 | 2024-11-25 18:00 | 20906.25 | close at 7d high | 402.25 |
| 2024-11-01 | long | 2024-10-31 18:00 | 20071.00 | 2024-11-06 18:00 | 20923.50 | close at 7d high | 852.50 |
| 2024-10-24 | long | 2024-10-23 18:00 | 20294.25 | 2024-10-29 18:00 | 20734.00 | close at 7d high | 439.75 |
Questions and answers
What happens if you buy NQ every time price closes at a 7-day low while above the 200 SMA?
From 2024-10-08 to 2026-10-07 on the NQ daily chart, the Double 7s (Connors) strategy took 24 long trades, won 79.2% of them and made 6,654.75 points ($133,095 on one NQ contract), before commission and slippage.
What happens if you short ES every time price closes at a 7-day high while below the 200 SMA?
From 2024-08-28 to 2026-08-27 on the ES daily chart, the Double 7s (Connors) strategy took 3 short trades, won 33.3% of them and made -776.00 points (-$38,800 on one ES contract), before commission and slippage.
Does the Double 7s (Connors) strategy work on Nasdaq futures?
On NQ futures from 2024-10-08 to 2026-10-07, the Double 7s (Connors) strategy on the daily chart took 27 trades, won 74.1% of them and finished 1,520.50 points ($30,410 on one NQ contract), before commission and slippage.
What is the win rate of Double 7s (Connors) on ES futures?
The Double 7s (Connors) strategy won 75.0% of its 28 trades on the ES daily chart from 2024-08-28 to 2026-08-27, before commission and slippage.
Is it better to only buy or only sell Double 7s (Connors) signals on NQ?
On the NQ daily chart from 2024-10-08 to 2026-10-07, the long trades made 6,654.75 points on 24 trades (79.2% won) and the short trades made -5,134.25 points on 3 trades (33.3% won), before commission and slippage.
How many trades does the Double 7s (Connors) strategy take on NQ in two years?
The Double 7s (Connors) strategy took 27 trades on the NQ daily chart from 2024-10-08 to 2026-10-07, before commission and slippage.
What is the max drawdown of the Double 7s (Connors) strategy on NQ?
The Double 7s (Connors) strategy had a max drawdown of 5,517.00 points ($110,340 on one NQ contract) on the NQ daily chart from 2024-10-08 to 2026-10-07, before commission and slippage.
How does the Double 7s (Connors) strategy do on ES compared with NQ?
On the ES daily chart from 2024-08-28 to 2026-08-27, the Double 7s (Connors) strategy took 28 trades, won 75.0% of them and made 296.75 points ($14,838 on one ES contract), before commission and slippage. On the NQ daily chart from 2024-10-08 to 2026-10-07, the Double 7s (Connors) strategy took 27 trades, won 74.1% of them and made 1,520.50 points ($30,410 on one NQ contract), before commission and slippage.
How these were run
- Gross: no commission and no slippage.
- The last 2 years of each market, from the first to the last session of its window.
- A signal on a closed bar fills at the next bar’s open.
- A stop and a target touched in the same minute count as the stop.
- Intraday positions are flat at 15:59 ET.
- Textbook TradingView default settings for every indicator; nothing is tuned.
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