I Tested the Super Effective Turnaround Tuesday Strategy (Pro Traders Use This For Years)
No better than luck
Small profit, too noisy to call an edge
- trades tested
- 258
- per trade after costs
- +16.79bp
- winners
- 57%
- years of data
- 13
Buy the German 40 index late on Monday evening (22:55 platform time) only when price is below its 20-day simple moving average, and sell at 22:55 on Tuesday. Long only, one trade per week, with a 5% of price worst-case stop loss.
The exact rules we tested
- 01Instrument: GER40 | Signal timeframe: 1d | Direction: long
- 02Trading days: Mon
- 03LONG when: close < sma20
- 04Entry: market at the signal bar's close
- 05Stop: 5%
- 06Time exit after 1 bars
- 07Entry fills at the signal bar's close (market-on-close)
- 08Exit signals fill at that bar's close (market-on-close)