NFLX Squeeze Breakout on Volume 1hr

338% strategy
performance

20.90% buy&hold
performance

27% percentage
of winning trades

6.29 reward to
risk ratio

1.32% average
position return

-17.90% drawdown

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

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: Bars. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

All of the following: # "Whiskey"
  60min Chart(close) > 60min Chart(open)
  60min Bollinger Bands ® (20, 2, 2, 0, close), Up (1 candles ago) < 60min Keltner Channel (20, SMA, 10, 2, 0, close), Up (1 candles ago)
  60min Bollinger Bands ® (20, 2, 2, 0, close), Up < 60min Keltner Channel (20, SMA, 10, 2, 0, close), Up
  60min Bollinger Bands ® (20, 2, 2, 0, close), Low (1 candles ago) > 60min Keltner Channel (20, SMA, 10, 2, 0, close), Low (1 candles ago)
  60min Bollinger Bands ® (20, 2, 2, 0, close), Low > 60min Keltner Channel (20, SMA, 10, 2, 0, close), Low
  60min Bollinger Bands ® (20, 2, 2, 0, close), Up (2 candles ago) < 60min Keltner Channel (20, SMA, 10, 2, 0, close), Up (2 candles ago)
  60min Bollinger Bands ® (20, 2, 2, 0, close), Low (2 candles ago) > 60min Keltner Channel (20, SMA, 10, 2, 0, close), Low (2 candles ago)
  60min Relative Volume (10, SMA, 1) ≥ 1
  60min Average True Range (20) < 5

Exit Conditions

Take Profit	Exit if gained more than 14% (after candle closes).
Stop Loss	Exit if lost more than 1% (after candle closes).