Sell in May

[Kodiak]

This year with the rally since christmas seems to be a sell in May year? 😋

Did some backtest on Italy 40 (for fun) daily timeframe

Best result for short only last 10 year month 5 to 7

 

Edited April 13, 2019 by Kodiak

[Kodiak]

The code 

For long only change

SELLSHORT to BUY

EXITSHORT to SELL

[Kodiak]

And its with Prorealtime

[Kodiak]

Something like this

 

DEFPARAM CumulateOrders=False

IF MONTH = 5 THEN
 
SELLSHORT 1 CONTRACT AT MARKET

ENDIF
 
IF MONTH = 7 THEN
 
EXITSHORT  AT MARKET
 
ENDIF

[Kodiak]

Weekly candlevolume

"Low" volume so far (only Thursday) 

 

[Caseynotes]

Interesting but it is Italy after all, they'd go on holiday even if there was a war on, what's the story for US and UK?

[Kodiak]

On 09/05/2019 at 11:15, Caseynotes said:

Interesting but it is Italy after all, they'd go on holiday even if there was a war on, what's the story for US and UK?

Its not as "good" as Italy

It depends on the performance before May  

 

[Kodiak]

DAX seems to be a "sell in June" 

Last 5 years are all winners (sell last May and close last june)

20 years only 65% winners

Remember this is only 1 month short in a bullmarket most of the time

 

Edited May 26, 2019 by Kodiak

[Kodiak]

Another picture of DAX 

and the Head & Shoulder on DOW (daily),( any trump tweets that can send this one down the neckline😏)

Edited May 26, 2019 by Kodiak

[Kodiak]

Trump back from Japan? 😏

[dmedin]

He's tariff-drunk, like a drunkard out of control ...

[Caseynotes]