Turnaround Tuesday Strategy Diagram
Русский | 中文 | Español | Deutsch | Português | 日本語
The idea is the turnaround after a bad session: a session that ends lower than it started often hands the next one a bounce, so the diagram waits for the market to recover above its moving average and buys that recovery, and mirrors the whole thing after a session that closed higher. Despite the name, the diagram contains no weekday filter.
Strategy Overview
- Two candle series work side by side: a session series decides which way to lean and a faster trading series times the entry.
- The session verdict is a single comparison of the session candle's close with its own open, so no state has to be remembered between candles.
- The simple moving average on the trading series is the confirmation: after a losing session the diagram buys only once the price has climbed back above the average.
- Because the session verdict arrives once per session candle, the logical AND can fire only once per session.
Entry and Exit Rules
- Long entry: The last session closed below its open, the trading candle closes above the simple moving average and the position is flat. The order buys the shared volume at market.
- Short entry: The last session closed above its open, the trading candle closes below the simple moving average and the position is flat. The order sells the shared volume at market.
- Exit: The position is left on the side of the average, not on a target: a close back below the average closes a long, a close back above it closes a short. There is no stop loss and no take profit.
Parameters
| Parameter | Default | Description |
|---|---|---|
| MA Period | 20 | Length of the simple moving average that confirms the turn on the trading series. |
| Volume | 1 | Order volume, in lots. |
| Trading candles | 00:05:00 | Time frame the entries and exits are timed on. |
Diagram Details
- The session candle block feeds two converters, one for the open and one for the close, and the two comparisons between them give the declined and rallied flags.
- The trading candle block feeds the moving average and a converter for the closing price; two comparisons place that close on one side of the average or the other.
- Each logical AND joins a session flag, a side-of-the-average flag and the flat-position check before triggering an entry block that carries the open-position condition.
- The exit blocks hang directly on the two average comparisons and carry the close-position condition, so each of them only ever flattens its own side.
Usage
Import the .json file into Designer, run it in the backtester on historical data, then adjust the parameters or the blocks themselves to fit your instrument before trading it live.