Price > MA Ribbon Long Strategy

69.70% strategy
performance

244% buy&hold
performance

45% percentage
of winning trades

1.71 reward to
risk ratio

0.37% average
position return

-19.30% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at of SPY, Daily.

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: # Price > MA Ribbon
  D Chart(close) > D MA Ribbon (EMA, 5, 10, 20, 30, 50, 0, close), MA1
  D Chart(close) > D MA Ribbon (EMA, 5, 10, 20, 30, 50, 0, close), MA2
  D Chart(close) > D MA Ribbon (EMA, 5, 10, 20, 30, 50, 0, close), MA3
  D Chart(close) > D MA Ribbon (EMA, 5, 10, 20, 30, 50, 0, close), MA1
  D Chart(close) > D MA Ribbon (EMA, 5, 10, 20, 30, 50, 0, close), MA4
  D Chart(close) > D MA Ribbon (EMA, 5, 10, 20, 30, 50, 0, close), MA5

Exit Conditions

All of the following: # "Oscar"
  D MA Ribbon (EMA, 5, 10, 20, 30, 50, 0, close), MA1 Crosses ↘ D MA Ribbon (EMA, 5, 10, 20, 30, 50, 0, close), MA2

OR ANY OF

Stop Loss

Exit if lost more than 2% (after candle closes).