Trade Idea – When the house (a.k.a $GS) closes highers for 5 days in row

$GS closes higher for 5 days in row

$GS Stock Chart

$GS closes higher for 5 days in row, trading strategy rules

  • $GS closes higher for five days in row
  • Go Short at close (9 Sep 2013 )
  • Buy to cover next day at close  ( 10 Sep 2013)

below the backtest performance summary for the $GS closing higher for 5 days , trading strategy  during  last four years.

Short $GS , when $GS closes higher for 5 days trading strategy, Backtest Performance Summary
Total number of trades 10 Percent profitable 100%
Number of winning trades 10 Number of losing trades 0
Average profit per trade % 1.16 Median trade -1.05
Average winning trade % 1.16% Average losing trade % 0.00%
Largest winning trade % 2.72% Largest losing trade % 0.00%
Max consecutive winners 10 Max consecutive losers 0
Ratio avg win/avg loss % #DIV/0!  T-test -4.72
Profit Factor #DIV/0! Outlier Adjusted Profit Factor #DIV/0!

ps: you can use the backtest tool to test your trading strategy with single click 

Below the details of change , change% , the next trading day , for  $GS Stock Price when ever “$GS closing higher for 5 days ” since last 4 years.

Date Next Day Change Next Day Change %
09-Sep-13 ?? ??
23-Jul-13 -1.22 -0.74
08-May-13 -1.71 -1.15
25-Apr-13 -0.64 -0.44
07-Mar-13 -3.62 -2.33
14-Feb-13 -0.93 -0.6
07-Sep-12 -1.63 -1.42
03-Jul-12 -2.63 -2.72
05-Jan-11 -1.73 -1.03
05-Jan-10 -1.79 -1.07
10-Sep-09 -0.17 -0.1

beware the sample size is low , you might want to look at $GS closing higher for 4 days , trading strategy, ( which was a loss yesterday ) ,

and here is the backtest performance summary for the $GS closing higher for 4 days , trading strategy  during  last four years.

Short $GS , when $GS closes higher for 4 days trading strategy, Backtest Performance Summary
Total number of trades 47 Percent profitable 77%
Number of winning trades 36 Number of losing trades 11
Average profit per trade % 0.61 Median trade -0.74
Average winning trade % 1.20% Average losing trade % 1.32%
Largest winning trade % 4.96% Largest losing trade % 2.70%
Max consecutive winners 8 Max consecutive losers 1
Ratio avg win/avg loss % 0.91  T-test -3.02
Profit Factor 2.75 Outlier Adjusted Profit Factor 2.51

#FYI , we write these “trade ideas”  blog posts , by filtering the trades by profit factor, %wins , avg profit % etc by using Quant-Ideas , (you too might to try , starting from $ 34.95 per month) 

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