Reversal Candle with Momentum Long Strategy #Marketplace

26.90% strategy
performance

6.50% buy&hold
performance

49% percentage
of winning trades

1.40 reward to
risk ratio

0.06% average
position return

-6.70% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at of DIA, 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: # "Yankee"
  15min Momentum (5, close) Increased
  Any of the following: # Reversal Candle Entry 2
      15min Doji Evolves
      15min Hammer Evolves
      15min Engulfing Bullish Evolves

Exit Conditions

All of the following: # "Uniform"
  15min Momentum (5, close) Decreased
  Any of the following: # Reversal Candle: Exit Condition
      15min Doji Evolves
      15min Engulfing Bearish Evolves
      15min Inverted Hammer Evolves