Strategy test · breakout

Does Inside bar break work?

Break of a coiling inside bar. Tested on every popular stock and coin, with real trading costs taken off.

The short answer

After costs, it kept money on 3 of the 11 stocks and coins we test.

It gave a signal 597 times and worked 136 of them (23%). On average each trade lost -0.05R.

Instrument	Kept a trade	Hit rate	Worked	Signals
DIS Disney	+0.16R	31%	13	42
SOL Solana	+0.15R	29%	17	59
LTC Litecoin	+0.12R	35%	17	49
XRP XRP	-0.02R	23%	16	69
ETH Ethereum	-0.05R	24%	15	63
ADA Cardano	-0.08R	25%	14	56
BTC Bitcoin	-0.08R	21%	12	57
LINK Chainlink	-0.13R	15%	8	54
DOGE Dogecoin	-0.15R	19%	10	54
AVAX Avalanche	-0.16R	15%	8	52
AMC AMC Entertainment	-0.30R	14%	6	42

How we tested

Up to 5 years of daily prices for each stock and coin.
Every time the strategy leaned up or down, we took a pretend trade that way. Stop 1.5 ATR away, target 2.25 ATR away, closed after 10 trading days if it hit neither. ATR is how much the price usually moves in a day.
Worked means it reached the target before the stop. If both were touched on the same day, we count it as a loss.
Costs come off every trade: 0.02% a round trip for stocks, 0.2% for crypto.
Kept a trade is in R, the amount risked. +0.10R means 10 cents kept for every dollar risked, on average, after costs.
Strategies that fired fewer than 40 times on a stock are left out: that few is luck.

Re-run every day. Past results do not promise future ones. This is software output, not financial advice.

Other breakout strategies

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See what works on the stock you are looking at.

Orenth runs all 34 strategies on any stock or coin, and says so when none of them has an edge.

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Analysis software, not financial advice. Every figure here is measured from historical price data and can stop describing the future at any moment. Day trading loses money for the large majority of retail participants, and this tool's own measurements agree with that. Never risk money you cannot afford to lose.
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Analysing

Fetching data, running 34 strategies, and back-testing each one against this instrument's own history.