CHATS Dip Buy Long

51.30% strategy
performance

38.90% buy&hold
performance

20% percentage
of winning trades

6.69 reward to
risk ratio

0.21% average
position return

-13.60% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at of QQQ, 15 min.

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

Enters long when CHATS < -70

Exits on a close below 50 candle range low or +10%

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

Entry Conditions

All of the following: # Whiskey
  15min Chande Absolute Trend Strength Lower (70), Index < -70

All of the following: # India
  15min Chart(close) < 15min Range (50, 0), Low (1 candles ago)

OR ANY OF

Take Profit

Exit if gained more than 10% (after candle closes).