Buy at opening candle range breakoutlong

Resultados de Backtest @ TSLA • 5 Minutes

These backtest results look quite promising, but we must be careful with our conclusions. The strategy shows good statistical significance with 76 trades over 6.2 months - that's enough sample size to make initial judgements.

The win rate of 68% combined with nearly equal average win (1.60%) and loss sizes (-1.78%) is mathematically sound. This creates a positive expectancy of 0.3, which is quite decent. What I find particularly interessting is the low market exposure of 21.2% - this means the strategy is not constantly in the market, which reduces overall risk exposure significantly. The max drawdown of -7.1% is also quite acceptable when compared to the asset's drawdown of -48.5%.

However, I see some potential concerns here. The average hold time of 26.9 candles (about 2.2 hours) means this is not exactly a scalping strategy, so slippage might affect real performance differently than in backtest. Also, while the strategy performed well in a declining market (asset CAGR -45.4%), we should test it in different market conditions to ensure it's not just working well in bear markets. I would suggest running additional backtests with different timeperiods to verify the robustness of these metrics.

Yo fam, these TSLA backtest results are looking pretty fire! 🚀 The strategy is crushing it with a 47.4% gain while TSLA itself was down 22% - that's some serious alpha right there! 💪

The numbers are looking super clean too - 68% win rate is no joke, and the average winner is pretty close to the average loser (1.6% vs -1.78%). What really gets me hyped is that tiny 7.1% drawdown compared to TSLA's crazy -48.5% drawdown. That's the kind of risk management that keeps you from getting rekt! The strategy only keeps you in the market 21% of the time, which means you're not bagholding through the rough patches.

Listen up though fam - while I'm definitely feeling bullish about these results, we gotta stay grounded. The backtest only covers 6 months, so we might wanna see how it performs over different market conditions. But with those Sharpe and Sortino ratios above 3, and nearly a trade per day, this could be a solid strategy to throw some tendies at! 🍗 Just remember to start small and scale up gradually. To the moon! 🌙

Madre mía, let me tear this apart for you. The results look suspiciously good, which makes me very skeptical.

First off, a 68% win rate with almost balanced Risk/Reward is too good to be true for a simple breakout strategy. This screams curve fitting to me. And don't get me start with that ridiculous 47.4% profit while the underlying asset lost 22.2% - you're telling me you've found the holy grail of trading? Por favor! These numbers are typicaly beginner's trap.

The exposure is quite low at 21.2% which actually makes sense for a breakout strategy, but combining this with almost daily trades (0.8 per day) makes me wonder if you're not catching too many false signals. Having average position lasting 26.9 candles (about 2.2 hours) with 5-minute timeframe is actually decent - at least you're not doing that idiotic scalping nonsense.

Your drawdown is suspiciously low at 7.1% compared to asset's 48.5%. Either you're incredibly lucky with your backtest period, or more likely, you've optimized this strategy to death on this specific data set. I bet if you test it on different periods, it will fall apart faster than a cheap IKEA furniture.

Do yourself a favor - test this on different time periods and with slightly modified parameters. If the results stay anywhere close - I will eat my sombrero.