Close below Lower BBand

36.60% strategy
performance

52.50% buy&hold
performance

24% percentage
of winning trades

4.36 reward to
risk ratio

0.67% average
position return

-28.40% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at 1,000 candles of SPY, 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: # "Kilo"
  60min Chart(close) ≤ 60min Bollinger Bands ® (20, 2, 2, 0, close), Low

Take Profit	Exit if gained more than 10%.
Stop Loss	Exit if lost more than 2%.