RSS Buy high, sell higher - set-and-forget D1 strategy

[Crax Bot]

This is an objective D1 strategy I’m using on the Nasdaq100. I’ll post regular updates through 2025. In early trading it seems to have a win rate of about 80%, r:r about 1:0.5, and a trade fequency about 23 per month.

It’s embarassingly simple -

• at the close, set a buy order at the day’s high and a sell order at the day’s low: the stop-loss of the long is at the day’s low, the SL for the short is at the day’s high
• if an order is triggered, close this trade at the first profitable close
• untriggered orders remain pending
• repeat the process at the next close

The current situation is -

• 1 open long, from the high of 24/12
• 3 pending buy orders at the highs of 16/12, 17/12 and 18/12
• 1 pending sell order at the low of 24/12
• but also multiple sell signals at the lows of 20/12, 23/12 and earlier lower daily lows going way back in time, awaiting sell orders if price goes south

I’m hoping this continues to work well, but also that we all have a Happy New Year!

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