Basic Chande Long

486% strategy
performance

642% buy&hold
performance

76% percentage
of winning trades

2.74 reward to
risk ratio

9.83% average
position return

-19.80% 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: # "November"
  D Chande Absolute Trend Strength Lower (70), Index > 70

All of the following: # "November"
  D Chande Absolute Trend Strength Lower (70), Index < -70