Strategy Tester

Strategy Name

Turnaround Tuesday

The idea behind this strategy is simple: If the equity index has a negative performance on Monday, then Tuesday`s market action often shows a bullish turnaround. The strategy is backtested on SPY (the SPDR S&P 500 ETF) with full capital investment.

Type of Positions

Long

Position Opening

Criteria for Opening a Position:	ticker(spy) and weekday(mon) and (close[0] < close[1])@sp500

Order Execution Model:	Close Prices

Backtest Parameters

Initial Capital:	$10,000
Capital at Risk:	100% per trade
Portfolio Max Size:	1 positions
Comm. per Trade:	0%
Avg Bid-Ask Spread:	0.01%

Stop Loss:	20%
Close position after:	1 trading days/bars
Period:	1/1/2022 - 12/31/2022

The backtester displays results for the current year only. Please sign up to view the full report.

Results

Total Profit:

$476

Total Trades:

Capital Growth:

4.76%

Profit Trades, % of Total:

47%

Profit Factor: [?]

1.55

Avg Trade Duration, days:

Payoff Ratio: [?]

1.72

Avg Profit per Trade:

0.26%

Max Drawdown:

Avg Profit per Day:

0.26%

Max Drawdown, $:

341

Avg Market Impact: [?]

Minor

Restoration Factor: [?]

1.40

Overall Viability Score: [?]

7 / 10

Avg Annual Return:

4.76%

Equity Graph

Performance

Year	S&P 500	Equity	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2022	-18.73	4.76	0.88	2.40	1.03	1.18	2.23	-2.30	1.75	-2.38

Performed Trades:

All

Symbol	Entry Date	Entry Price, $	Exit Date	Exit Price, $	Shares	Profit, $	Exit On	MI [?]
SPY	08/29/2022	402.63	08/30/2022	398.21	26	-115.96	Duration Limit
SPY	08/22/2022	413.35	08/23/2022	412.35	25	-26.03	Duration Limit
SPY	08/08/2022	412.99	08/09/2022	411.35	25	-42.03	Duration Limit
SPY	08/01/2022	410.77	08/02/2022	408.06	26	-71.52	Duration Limit
SPY	07/18/2022	381.95	07/19/2022	392.27	27	277.58	Duration Limit
SPY	07/11/2022	384.23	07/12/2022	380.83	27	-92.83	Duration Limit
SPY	06/27/2022	388.59	06/28/2022	380.65	27	-215.41	Duration Limit
SPY	06/13/2022	375.00	06/14/2022	373.87	28	-32.69	Duration Limit
SPY	05/16/2022	400.09	05/17/2022	408.32	26	212.92	Duration Limit
SPY	05/09/2022	398.17	05/10/2022	399.09	26	22.88	Duration Limit
SPY	04/18/2022	437.97	04/19/2022	445.04	23	161.59	Duration Limit
SPY	04/11/2022	439.92	04/12/2022	438.29	23	-38.50	Duration Limit
SPY	03/21/2022	444.39	03/22/2022	449.59	23	118.57	Duration Limit
SPY	03/14/2022	417.00	03/15/2022	426.17	24	219.06	Duration Limit
SPY	03/07/2022	419.43	03/08/2022	416.25	24	-77.32	Duration Limit
SPY	02/28/2022	436.63	03/01/2022	429.98	23	-153.94	Duration Limit
SPY	02/14/2022	439.02	02/15/2022	446.10	23	161.81	Duration Limit
SPY	02/07/2022	447.26	02/08/2022	450.94	22	79.97	Duration Limit
SPY	01/10/2022	465.51	01/11/2022	469.75	21	88.05	Duration Limit

Backtesting Results Disclaimer
Past hypothetical backtest results are neither an indicator nor a guarantee of future returns. Actual results may vary from the analysis. Hypothetical performance results have many inherent limitations and cannot fully account for market factors such as bid-ask spread, slippage, and commission costs. There are numerous other factors related to the markets, which cannot be fully accounted for in the backtesting algorithm, but all of which can adversely affect actual trading results.