Larry Connors %B Strategy: A Simple Mean Reversion Edge Explained (opens in new tab)

Today, we look at Larry Connors' %B strategy , a simple mean-reversion strategy\. Mean reversion strategies have long been a cornerstone of short-term trading, and few have popularized them as effectively as Larry Connors\. Among his many approaches, the %B indicator strategy stands out for its simplicity and practical edge\. At its core, the %B indicator is derived from Bollinger Bands\. Instead of just showing price relative to the bands, %B converts that information into a normalized value...