TS: Elder Ray Long

51.38% strategy
performance

22.42% buy&hold
performance

43% percentage
of winning trades

2.13 reward to
risk ratio

0.99% average
position return

-32.68% drawdown

A long strategy created by Kevin Shah on TrendSpider. Tested at 1,000 candles of CRM, 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:
  D Elder Ray (13, close), Bull Crosses ↗ 0
  D Elder Ray (13, close), Bull > D Elder Ray (13, close), Bull (1 candles ago)

Trailing Stop	Trailing stop at 4%.
Take Profit	Exit if gained more than 20%.