Daily Stock Pick - Liberation Day Weekly Strategy

99.30% strategy
performance

175% buy&hold
performance

60% percentage
of winning trades

3.40 reward to
risk ratio

5.24% average
position return

-25.30% drawdown

A long strategy created by DailyStockPick on TrendSpider. Tested at of VOO, Weekly.

You can import this strategy into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the strategy.

I backtested this strategy all the way back to 1/1/2018 for $VOO. It doesn't beat "buy and hold" but the entries are solid on this one with a 60% win rate.

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

Entry Conditions

All of the following: # X-ray
  W Chart(close) > W Simple Moving Average (15, 0, close) (2 candles ago)

Exit Conditions

All of the following: # Tango
  W Chart(close) < W Simple Moving Average (21, 0, close)
  W MACD (12, 26, 9, close) Decreased
  W RSI (14, 70, 30, close) < 60