1 HR TSLA Web Power Trend Long

1598% strategy
performance

920% buy&hold
performance

48% percentage
of winning trades

4.23 reward to
risk ratio

4.57% average
position return

-21.87% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at Deep (7,000 candles) of TSLA, 1 hour.

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

Entry Conditions

All of the following: # Webster Power Trend Entry
  60min Exponential Moving Average (21, 0, close) > 60min Simple Moving Average (50, 0, close)
  60min Exponential Moving Average (21, 0, close) (1 candles ago) > 60min Simple Moving Average (50, 0, close) (1 candles ago)
  60min Exponential Moving Average (21, 0, close) (2 candles ago) > 60min Simple Moving Average (50, 0, close) (2 candles ago)
  60min Exponential Moving Average (21, 0, close) (3 candles ago) > 60min Simple Moving Average (50, 0, close) (3 candles ago)
  60min Exponential Moving Average (21, 0, close) (4 candles ago) > 60min Simple Moving Average (50, 0, close) (4 candles ago)
  60min Chart(low) > 60min Exponential Moving Average (21, 0, close)
  60min Chart(low) (1 candles ago) > 60min Exponential Moving Average (21, 0, close) (1 candles ago)
  60min Chart(low) (2 candles ago) > 60min Exponential Moving Average (21, 0, close) (2 candles ago)
  60min Chart(low) (3 candles ago) > 60min Exponential Moving Average (21, 0, close) (3 candles ago)
  60min Chart(low) (4 candles ago) > 60min Exponential Moving Average (21, 0, close) (4 candles ago)
  60min Chart(low) (5 candles ago) > 60min Exponential Moving Average (21, 0, close) (5 candles ago)
  60min Chart(low) (6 candles ago) > 60min Exponential Moving Average (21, 0, close) (6 candles ago)
  60min Chart(low) (7 candles ago) > 60min Exponential Moving Average (21, 0, close) (7 candles ago)
  60min Chart(low) (8 candles ago) > 60min Exponential Moving Average (21, 0, close) (8 candles ago)
  60min Chart(low) (9 candles ago) > 60min Exponential Moving Average (21, 0, close) (9 candles ago)
  60min Simple Moving Average (50, 0, close) > 60min Simple Moving Average (50, 0, close) (1 candles ago)
  60min Chart(close) > 60min Chart(open)
  60min Volume (20, SMA), MA > 1000000
  60min Chart(close) > 20

Exit Conditions

Stop Loss	Exit if lost more than 4.5% (after candle closes).
Trailing Stop	Trailing stop at 6% (after candle closes).
Take Profit	Exit if gained more than 25% (after candle closes).