TS: Gap fill above

62.39% strategy
performance

24.04% buy&hold
performance

83% percentage
of winning trades

2.23 reward to
risk ratio

4.27% average
position return

-16.51% drawdown

A long strategy created by Kevin Shah on TrendSpider. Tested at 1,000 candles of JPM, 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: # Unfilled gap above
  D Gap Snake (0.5), High > D Gap Snake (0.5), Low
  D Chart(high) < D Gap Snake (0.5), Low
  D Chart(close) > D Chart(close) (1 candles ago)

Exit Conditions

Any of the following: # "Exit"
  D Chart(high) is within range of ± 1 % from D Gap Snake (0.5), High
  D Chart(high) ≥ D Gap Snake (0.5), High