Requires installed Community Indicators library to work!

System concept:
This pullback system is based on a new oscillator by Larry Connors: the ConnorsRSI. It combines three equally weighted components — price momentum, trend duration, and the relative magnitude of price change.

Strategy rules:

Buy tomorrow at the limit price of today’s close minus 4% if:

1. Today’s close is above $5.
2. The 21-day average volume is at least 250,000 shares per day.
3. The 10-day Average Directional Index (ADX) is above 30.
4. Today’s low is at least 4% below the previous day’s close
5. Today’s close price is in the bottom 25% of the daily closing range.
6. Today’s ConnorsRSI value of the stock is below 15 (oversold).

Exit at close when today’s ConnorsRSI value is above 50 (starts getting overbought).