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Daily Stock Pick Algo - 8-21

253% strategy
performance
230% buy&hold
performance
67% percentage
of winning trades
29.35 reward to
risk ratio
68.34% average
position return
-21.30% drawdown

A long strategy created by DailyStockPick on TrendSpider. Tested at 1,000 candles of RDDT, Daily.

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A simple 8 - 21 moving average cross up and cross down strategy.

Chart type the strategy tested at: Hollow Candles. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

All of the following: # "Delta"
  D Exponential Moving Average (8, 0, close) Crosses ↗ D Exponential Moving Average (21, 0, close)

Exit Conditions

All of the following: # "Oscar"
  D Exponential Moving Average (8, 0, close) Crosses ↘ D Exponential Moving Average (21, 0, close)