TS: Balance of Power (Long)

62.82% strategy
performance

-21.84% buy&hold
performance

43% percentage
of winning trades

2.18 reward to
risk ratio

1.81% average
position return

-49.60% drawdown

A long strategy created by Kevin Shah on TrendSpider. Tested at 1,000 candles of BIDU, 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: # "November"
  D Balance Of Power (1 candles ago) ≥ 0
  D Balance Of Power ≥ D Balance Of Power (1 candles ago)

All of the following: # "November"
  D Balance Of Power ≤ D Balance Of Power (1 candles ago)
  D Balance Of Power (1 candles ago) ≤ 0