Overnight Star - A trading strategy in SPY and ES (Since 1998)
@ES(.D) & SPY
Profit Factor: 2,7
Avg Trade: $175
Winning Trades: 67%
A Closer Look into the trading strategy
This trading strategy is designed to take advantage of a unique time pattern which helps detect when the market has strayed too far away from its average. This time pattern is active for a short period of time, which presents a great opportunity to gain a profit. Our analysis of the profit factor reveals that it is well above the three-mark, indicating that the strategy has a real edge that can be exploited.
Investors should keep in mind though that past performance is not necessarily reflective of future results, and it is important to understand the risks involved before investing. With the right approach and strategy, however, this time pattern can be a great way to capitalize on the market’s fluctuations.