Blood in the Streets Strategy

263% strategy
performance

398% buy&hold
performance

82% percentage
of winning trades

1.59 reward to
risk ratio

13.49% average
position return

-27.70% drawdown

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

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

Enters long when price trades over 10% off its 20-week range high

Exits six months later

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

Entry Conditions

All of the following: # Hotel
  W Range (20, 0), High > W Chart(close) by at least 10 %

# Candles Passed

Exit after 24 candles, for any PnL.