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Library
Mean reversion · GLD · 1D

Does Connors Double 7s actually work on GLD? We tested it

We ran Connors Double 7s on GLD through walk-forward testing and a 100-run random-entry gauntlet. 4 of 4 unseen periods positive. Beat 97 of 100 random-entry runs.

WALK-FORWARD VERIFIED EDGESTACKER ENGINE
Return +104.8%
Win rate 72.4%
Max drawdown −18.9%
Trades 76
Sharpe 1.01
Equity curve

Equity curve over Aug 2016 to Jul 2026. Hover any point for its value. Turn on buy and hold to compare.

PeriodWindowReturnSharpeTrades
1 Aug 2018 to Jul 2020 +25.4% 1.48 21
2 Jul 2020 to Jul 2022 +0.2% 0.06 13
3 Jul 2022 to Jul 2024 +7.1% 0.69 16
4 Jul 2024 to Jul 2026 +35.0% 1.40 17
4 of 4 periods positive. Mean Sharpe 0.91. Worst period +0.2%.
Market matrix
Edge held on 6 of 28

The same rules, tested on 28 tickers. Edge held on 6. We ship it on those.

GLD SHIPPED
97/100 EDGE
XOM
96/100 EDGE
AMD
85/100 EDGE
MSTR
83/100 EDGE
NFLX
81/100 EDGE
META
76/100 EDGE
Show every ticker we tested
MARA
76/100 NONE
SMCI
74/100 NONE
UBER
72/100 NONE
QQQ
65/100 NONE
NVDA
64/100 NONE
COIN
63/100 NONE
RIOT
58/100 NONE
BA
44/100 NONE
MSFT
38/100 NONE
TSLA
34/100 NONE
DIA
32/100 NONE
AMZN
27/100 NONE
SOFI
26/100 NONE
JPM
23/100 NONE
MU
21/100 NONE
SPY
19/100 NONE
AVGO
19/100 NONE
GOOGL
17/100 NONE
AAPL
7/100 NONE
IWM
2/100 NONE
HOOD
too new TOO NEW
PLTR
too new TOO NEW
The rules
Entrywhen close is above SMA of close over 200 bars AND close is at or below LOWEST of close over 7 bars
Exitwhen a signal fires (close is at or above HIGHEST of close over 7 bars)
Sizing**Position size:** no fixed stop distance to size against. This strategy exits on signal only. Size by conviction, or add a hard stop for a size-by-risk number.
Diagnosis

This strategy made money, turning a 104.82% total return over 76 trades, but the ride was lumpy. The worst stretch was a drawdown of -18.91% that lasted from March to June 2026, which is where the strategy hurt the most. The win rate is high at 72.37%, and the average trade gained just under 1%, so the result is not driven by a few huge winners but by many small, consistent wins. The entry-timing edge is strong, with real entries beating 97% of random entry runs, meaning the entry signal itself is carrying the result rather than the exits. The consistency figure shows the edge held up across all 4 walk-forward test periods, so the profit came steadily over time, not from one lucky stretch.

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Backtested results, not live trading returns. Fees and slippage included. Not investment advice.