SMA Trend + Big Bar on ARKK (3h) (😎 VLAD)
Trades the ARK Innovation ETF (ARKK) on 3-hour bars, long and short. When the 20-bar average is above the 100-bar average and a big green bar (one that closes above its open) prints, it buys; in a downtrend a big red bar sells short. Each trade has a stop 1.5% away and a target 3% away. The trigger is simply a large bar in the direction of the trend. Backtested on AMEX:ARKK, 3-hour bars, February
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From DaviddTech classroom · Opensource. Past results don't predict future ones. Not financial advice.
Try SMA Trend + Big Bar on ARKK (3h) (😎 VLAD)
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Back-tests and forward tests are simulations; past results do not predict future ones. Nothing here is financial advice. Trading carries a high risk of loss.