Reversal Candle on Volume (15m)

74.90% strategy
performance

41.80% buy&hold
performance

51% percentage
of winning trades

2.42 reward to
risk ratio

1.59% average
position return

-10.40% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at Deep (7,000 candles) of AAPL, 15 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: # "X-ray"
  15min Relative Volume (20, SMA, 1) > 2
  Any of the following:
      15min Hammer Evolves
      15min Engulfing Bullish Evolves
      15min Doji Evolves

Exit Conditions

Take Profit	Exit if gained more than 5%.
Stop Loss	Exit if lost more than 2%.