Short Strategy – Russell 2000 (IWM) (#79)

Description

A short-only swing trading strategy backtested on the IWM ETF tracking the Russell 2000 index – designed to capitalize on market pullbacks with minimal exposure. This was our monthly trading edge for April 2024.

✔️ 167 trades
✔️ 0.6% average gain per trade
✔️ 65% win rate
✔️ Profit factor: 2.3
✔️ 3.9% annual return (CAGR)
✔️ 4% market exposure
✔️ Risk-adjusted return: 86%
✔️ Max drawdown: -11%

You’ll get the full trading rules – ready to test and validate.
We offer full trading code in TradingView/Python, Amibroker, Tradestation, and NinjaTrader. If your code platform is not here, message us, and we will fix it