High Volume Hammer #Marketplace

10.35% strategy
performance

-45.19% buy&hold
performance

53% percentage
of winning trades

1.76 reward to
risk ratio

0.69% average
position return

-5.47% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at of BABA, 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: Candles. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

All of the following: # "November"
  60min Hammer Evolves (1 candles ago)
  60min Relative Volume (20, SMA, 1) > 2
  60min Chart(close) > 60min Exponential Moving Average (8, 0, close)

Exit Conditions

All of the following: # "Golf"
  60min Chart(close) < 60min Exponential Moving Average (8, 0, close)

OR ANY OF

Trailing Stop

Trailing stop at 3%.