ninjatrader/strategies/daily-reversal/README.md

# Daily Reversal

This strategy was inspired by a [post on r/algotrading](https://www.reddit.com/r/algotrading/comments/1f8v70e/backtest_results_for_a_simple_reversal_strategy/) by u/Russ_CW.

## Rules

1. The previous day must have a lower low and lower high than the day before that.
2. Enter a long position on the current day using a limit order placed at the high of the previous day.
    * If the current day gaps up and opens above the previous day's high, enter a long at the open.
3. Exit the position at the end of the day.

## Parameters

**Position Size**: A fixed dollar amount to use when sizing each position in order to account for lower historical index values. (Default: 10000)

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Initial commit of daily reversal strategy README 2024-09-05 11:27:46 +00:00			`# Daily Reversal`

Give credit to u/Russ_CW for the original strategy idea 2024-09-05 11:33:10 +00:00			`This strategy was inspired by a [post on r/algotrading](https://www.reddit.com/r/algotrading/comments/1f8v70e/backtest_results_for_a_simple_reversal_strategy/) by u/Russ_CW.`

Add rules to daily reversal strategy documentation 2024-09-05 11:38:10 +00:00			`## Rules`

			`1. The previous day must have a lower low and lower high than the day before that.`
			`2. Enter a long position on the current day using a limit order placed at the high of the previous day.`
			`* If the current day gaps up and opens above the previous day's high, enter a long at the open.`
			`3. Exit the position at the end of the day.`

Add parameter documentation for daily reversal strategy 2024-09-05 11:45:04 +00:00			`## Parameters`

			`Position Size: A fixed dollar amount to use when sizing each position in order to account for lower historical index values. (Default: 10000)`

Initial commit of daily reversal strategy README 2024-09-05 11:27:46 +00:00			`---`