The Strat Dip Buy

38.20% strategy
performance

44.10% buy&hold
performance

48% percentage
of winning trades

1.85 reward to
risk ratio

0.67% average
position return

-25% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at 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: # "Echo"
  15min Chart(close) < 15min Range (50, 0), Low (1 candles ago)
  15min Relative Strength Index (14, 70, 30, close) < 40
  Any of the following: (within 2 candles)
      15min Outside Bar (3) (thestrat) Evolves
      15min Break Up (2u) (thestrat) Evolves
  All of the following: (within 2 candles)
      15min Relative Volume (20, SMA, 1) > 0

Exit Conditions

All of the following: # "Oscar"
  15min Chart(close) > 15min Range (250, 0), High (1 candles ago)

OR ANY OF

Trailing Stop	Trailing stop at 3.5% (after candle closes).
Stop Loss	Exit if lost more than 2% (after candle closes).