ninjatrader/strategies/knife-catcher/README.md

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# Knife Catcher Bot
This strategy was taken from chapter 3 in *[Short Term Trading Strategies That Work](https://moshferatu.dev/moshferatu/short-term-trading-strategies-that-work)* (2008) by Larry Connors.
The strategy is not named as such in the book, but I thought it was fitting.
## Rules
1. Wait for the market (S&P 500 Index) to drop for 3 days in a row.
2. Enter a long on the following open.
3. Exit the trade 5 days later.
## Backtest Results
### SPY
![SPY Analysis](./backtest-results/spy_analysis.png)
![SPY Summary](./backtest-results/spy_summary.png)
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