On Balance Volume Bullish

260% strategy
performance

526% buy&hold
performance

39% percentage
of winning trades

2.25 reward to
risk ratio

0.63% average
position return

-33.12% drawdown

A long strategy created by ILuvMarkets on TrendSpider. Tested at Deep (7,000 candles) of QQQ, 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: # "X-ray"
  D On Balance Volume Increased
  D On Balance Volume (1 candles ago) Increased
  D Chart(close) > D Exponential Moving Average (20, 0, close)

Exit Conditions

All of the following: # "Romeo"
  D On Balance Volume Decreased
  D On Balance Volume (1 candles ago) Decreased
  D Chart(close) < D Exponential Moving Average (20, 0, close)