纳斯达克 500 万公允价值差距策略 (NASDAQ 5m Fair Value Gap Strategy)

I have recently tested some things regarding Fair Value Gaps and have found something at least a little bit intriguing

I wont go over what a Fair Value Gap is in this thread but if you do not know about it just use our good friend Google

The rules are as follows:

1. Place a Limit Order into the top (buy) or bottom (sell) of the first 5 Minute Fair Value Gap that gets triggered after Market Open
2. Place your Stop under/over the Candle that contains the FVG or the prior candle (this part may be a bit subjective but sometimes one or the other makes obviously more sense. In 80% of cases I would place it under/over the candle prior to the FVG Candle)
3. Target a 1:2 Risk to Reward
4. We exit 1 hour befor market close if neither TP or SL has been hit

Example from this Monday (14.08.2023):



Now to make it a bit more appetizing for you here are the backtest results for the entier year 2020:



Now the problem is that just using these very basic and non optimized rules we probably wont make a nice profit any more in 2023. So I am asking you to look for solutions in terms of filtering out bad trades. Some examples would be only taking FVG after a certain time, filtering for trend direction, using only midway fills on FVG, not taking a trade on stacked FVG, ...

Get creative

Have a nice day and good trades!

PS: I just blindly backtest 2020 mechanicly. I have been trading for some years and have very good understanding of market structure and elliot wave principle. If I had taken the trades according to my knowledge I believe I could have gotten the PF up to over 3