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Mar 17, 2023 1:58 PM

NVDA LONG PROLONGATION Long

NVIDIA CorporationNASDAQ

Description

Instrument: NVDA
Chart pattern: Reversal LONG Inverted Head & Shoulders
Candlestick pattern: Bullish
Most profitable technical indicator after backtest: OBV EMA 100
Current signal of most profitable tech indicator after backtest: LONG
Most profitable technical indicator win-rate: 70%
Technical indicator witn maximum win rate % after backtest OBV DYN EMA 200
Maximum tech indicator win rate: 96%
Current signal of tech indicator with maimum win rate % LONG
Days for backtesting: 2219
Timeframe for backtesting: 1D
Price at the time of forecast: 255,410
Enter point: 255,410
Take-profit: 320,777
Stop-loss: 231,115
Current model trailing stop-loss: 231,115
Expected profit: 25,59%
Multiple for stop-loss strategy in model: ATR(14) x 2,6
Average trades per month with optimum technical indicator: 0,60
Average time for 1 trade with optimum technical indicator: 41,09
Average profit per 1 trade: 25,59%
Projected annual return w/o leverage: 46,0%
Technical analysis applicability for 6580 technical strategies: 98%
Technical analysis recommendations:
Long: 100%
Short: 0%
Neutral: 0%
Probability of success 97,2%
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