Stairs Trading Strategy (Backtest)
There are many patterns that occur in the financial markets, and smart traders who can identify them use them to their advantage. This is the case with the stairs, which are commonly seen patterns on price charts. But what is the stairs trading strategy?
The Stairs Trading strategy is a technical analysis method that is used to identify key levels of support and resistance in the market. The strategy is based on the idea that prices tend to move in a stair-like fashion, with each step representing a key level of support or resistance. By identifying these levels, you can make informed decisions on when to enter or exit a trade.
In this post, we answer some questions about the stairs trading strategy, and we provide a backtest.
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