FVG Bearish Retest

124% strategy
performance

15.50% buy&hold
performance

51% percentage
of winning trades

3.29 reward to
risk ratio

1.61% average
position return

-13.90% drawdown

A short strategy created by TrendSpider on TrendSpider. Tested at of TSLA, 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: # Zulu
  15min Fair Value Gap Proximity (0.5, ATR, 14, 3), Line = 0
  15min Fair Value Gap Proximity (0.5, ATR, 14, 3), Line (1 candles ago) < 0
  15min Chart(close) < 15min Exponential Moving Average (20, 0, close)

Exit Conditions

Any of the following: # Charlie
  15min Chart(close) > 15min Exponential Moving Average (100, 0, close)

OR ANY OF

Take Profit

Exit if gained more than 8.5% (after candle closes).