TS: BB Long

38.29% strategy
performance

17.24% buy&hold
performance

56% percentage
of winning trades

2.07 reward to
risk ratio

1.36% average
position return

-9.51% drawdown

A long strategy created by Kevin Shah on TrendSpider. Tested at 1,000 candles of JNJ, Daily.

You can import this strategy into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the strategy.

Chart type the strategy tested at: Candles. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

All of the following: # BB Long
  D Chart(close) ≥ D Bollinger Bands ® (21, 2, 2, 0, close), Low
  D Chart(close) (1 candles ago) ≤ D Bollinger Bands ® (21, 2, 2, 0, close), Low (1 candles ago)

Exit Conditions

Trailing Stop	Trailing stop at 4%.
Take Profit	Exit if gained more than 15%.