Bull Flag v1.00 — Strategy by smith26
By smith26
Performance Metrics
- Author: smith26
- Symbol: CME_MINI:NQ1!
- Timeframe: 15 minutes
- Net P&L: +1,310.00 USD (+1.31%)
- Win Rate: 77.8%
- Profit Factor: 3.259
- Max Drawdown: 395.00 USD (0.39%)
- Total Trades: 9
- Sharpe Ratio: 0.146
Description
Identifies the chart pattern we recognize as a Bull Flag, enters long, then exits 6 bars later. I do not claim this to be a good strategy, but a lot of people think the Bull Flag is (statistically) meaningful. This is a tool for you to test that claim. The exit after 6 bars is somewhat arbitrary, but it's basically "hold this position for a little bit to see if bull flags actually do anything."