Monday/Tuesday Trade In Nasdaq
|June 27, 2018||Posted by Oddmund Grotte under Uncategorized|
One very simple strategy for QQQ/Nasdaq:
- Today is monday OR tuesday
- IBS (c-l/h-l) is 0.1 or lower
- If condition 1 and 2 are fulfilled, go long at close
- Exit on the first close higher than yesterday’s high (code in Amibroker is c>ref(h,-1))
This is all there is to it.
Here is the equity curve from 2006 until today with one contract NQ (Nasdaq futures):
86 trades, 600 profit per contract and profit factor is 4.13.