Trading Edge 14

Instrument/asset

S&P 500 (SPY)

Trading rules

The trading rules of the edge read like this (please also backtest yourself – you might find a way to improve it):

  • TweezerTop (candlestick).

Results

Trading performance if exit after N-days (100 000 and compounding):

A pretty strong negative edge over the next days after a Tweezer Top.

We have coded all candlestick patterns which we sell in our shop.

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