'Today will be the first time in history* that $SPY gapped up at least 0.25% at the open and added at least 0.25% from open to close for 4 straight days.' The aforementioned condition has happened 8 times before in the last 15 years if it was 3 days in a row. That was what Sentimentrader had tweeted. To find out the strategy of buying with 3 time in a row of gap up and gains, here are the results. 87.5% of the time profitable. Average trading days in winning trades 119, losing trades you'll know in about 23 days. 19% of the time in the market. Max drawdown is low at 4.4% for trade close to trade close.
