Home Trading strategies Monday/Tuesday Trade In Nasdaq

Monday/Tuesday Trade In Nasdaq

One very simple strategy for QQQ/Nasdaq:

  1. Today is Monday OR Tuesday.
  2. IBS (c-l/h-l) is 0.1 or lower.
  3. If conditions 1 and 2 are fulfilled, go long at the close.
  4. 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 the profit factor is 4.13.

Monthly results:

Disclosure: We are not financial advisors. Please do your own due diligence and investment research or consult a financial professional. All articles are our opinion – they are not suggestions to buy or sell any securities.  

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