SQ Bollinger Band Short

93.05% strategy
performance

-74.37% buy&hold
performance

42% percentage
of winning trades

1.96 reward to
risk ratio

0.67% average
position return

-31.64% drawdown

A short strategy created by TrendSpider on TrendSpider. Tested at Deep (7,000 candles) of SQ, 30 min.

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: # "Charlie"
  30min Chart(close) < 30min Bollinger Bands ® (20, 2, 2, 0, close), Low
  30min Relative Strength Index (14, 70, 30, close) < 50

Exit Conditions

All of the following: # "Lima"
  30min Chart(close) > 30min Bollinger Bands ® (20, 2, 2, 0, close), Mid

OR ANY OF

Stop Loss	Exit if lost more than 5% (after candle closes).
Take Profit	Exit if gained more than 15% (after candle closes).