The Bullish Fridays strategy has maintained a remarkable consistency and effectiveness over the years, particularly shining throughout the bull market from 2023 to the present. This strategy not only boasts a win rate of 62% but also impresses with a Profit Factor of 3.9, underscoring its robustness and profitability.
Strategy's Equity Curve
Strategy's Consistency
Strategy's Performance
Note how many Friday sessions were above 1% from open to close since the start of the 2023 bull market.
One of the things to note, however, is that when the pre-market gap is over 0.9%, the regular Friday session tend to be less pronounced (mostly bullish but with a lot of chop). The strategy script I developed ignores Fridays with the large pre-market gaps.
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