ninjatrader/strategies/up-and-down-days-in-a-row/README.md

# Up and Down Days in a Row

The idea for these strategies comes from chapter 4 of [*How Markets Really Work*](https://moshferatu.dev/moshferatu/how-markets-really-work) (2012) by Larry Connors.

As with most of the strategies from this book, they are meant to illustrate certain characteristics of the market rather than be traded directly.

## Rules

**Up Days in a Row**

1. Enter a long trade when the market (e.g., SPX or SPY) closes higher for 3 consecutive days.
2. Exit the trade after one week.

**Down Days in a Row**

1. Enter a long trade when the market (e.g., SPX or SPY) closes lower for 3 consecutive days.
2. Exit the trade after one week.

## Parameters

**Days in a Row**: The number of consecutive days where the close must be higher / lower in order to enter a long trade. (Default: 3)

**Days to Exit**: The number of days to hold any trades before exiting. (Default: 5)

## Backtest Results

### SPY

#### 3 Up Days in a Row

![SPY 3 Up Days in a Row Analysis](https://static.moshington.com/images/strategies/up-and-down-days-in-a-row/spy-3-up-days-analysis.png)

![SPY 3 Up Days in a Row Summary](https://static.moshington.com/images/strategies/up-and-down-days-in-a-row/spy-3-up-days-summary.png)

#### 3 Down Days in a Row

![SPY 3 Down Days in a Row Analysis](https://static.moshington.com/images/strategies/up-and-down-days-in-a-row/spy-3-down-days-analysis.png)

![SPY 3 Down Days in a Row Summary](https://static.moshington.com/images/strategies/up-and-down-days-in-a-row/spy-3-down-days-summary.png)

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