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:	1/1/2021 - 12/31/2021

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

Results

Total Profit:

$62.3

Total Trades:

Capital Growth:

0.62%

Profit Trades, % of Total:

59%

Profit Factor: [?]

1.12

Avg Trade Duration, days:

Payoff Ratio: [?]

0.78

Avg Profit per Trade:

0.042%

Max Drawdown:

Avg Profit per Day:

0.042%

Max Drawdown, $:

251

Avg Market Impact: [?]

Minor

Restoration Factor: [?]

0.25

Overall Viability Score: [?]

4 / 10

Avg Annual Return:

0.62%

Equity Graph

Performance

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2021	0.62	0.69	0.11	1.13	-0.45	-1.75	0.01	1.39	0.91	-2.12	0.76

Performed Trades:

All

Symbol	Entry Date	Entry Price, $	Exit Date	Exit Price, $	Shares	Profit, $	Exit On	MI [?]
SPY	10/11/2021	434.69	10/12/2021	433.62	23	-25.61	Duration Limit
SPY	10/04/2021	428.64	10/05/2021	433.10	23	101.58	Duration Limit
SPY	09/27/2021	442.64	09/28/2021	433.72	23	-206.16	Duration Limit
SPY	09/20/2021	434.04	09/21/2021	433.63	23	-10.43	Duration Limit
SPY	08/09/2021	442.13	08/10/2021	442.68	23	11.63	Duration Limit
SPY	08/02/2021	437.59	08/03/2021	441.15	23	80.87	Duration Limit
SPY	07/19/2021	424.97	07/20/2021	431.06	23	139.08	Duration Limit
SPY	06/07/2021	422.19	06/08/2021	422.28	23	1.10	Duration Limit
SPY	05/17/2021	415.52	05/18/2021	411.94	24	-86.91	Duration Limit
SPY	05/10/2021	417.94	05/11/2021	414.21	24	-90.51	Duration Limit
SPY	04/19/2021	415.21	04/20/2021	412.17	24	-73.95	Duration Limit
SPY	04/12/2021	411.64	04/13/2021	412.86	24	28.29	Duration Limit
SPY	03/29/2021	395.78	03/30/2021	394.73	25	-27.24	Duration Limit
SPY	03/08/2021	381.72	03/09/2021	387.17	26	140.69	Duration Limit
SPY	02/22/2021	387.03	02/23/2021	387.50	26	11.21	Duration Limit
SPY	01/11/2021	378.69	01/12/2021	378.77	26	1.09	Duration Limit
SPY	01/04/2021	368.79	01/05/2021	371.33	27	67.58	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.