TS: Envelope

1212% strategy
performance

846% buy&hold
performance

43% percentage
of winning trades

6.66 reward to
risk ratio

14.07% average
position return

-47.22% drawdown

A long strategy created by Kevin Shah on TrendSpider. Tested at 1,000 candles of TSLA, 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: # "Entry"
  D Chart(close) ≥ D Envelope (21, 2, 0, close), Upper

All of the following: # "Exit"
  D Chart(close) ≤ D Envelope (21, 2, 0, close), Lower