The rules
Buy when RSI(14) is below 38; a 5% trailing stop manages risk; sell at market when RSI(14) rises above 65.
- Universe
- SPY, QQQ and IWM
- Bars
- daily
- Position size
- 15% of equity per ETF
- Rebalance
- daily check
Results
| Measure | Orbital re-test | Published | SPY, same days |
|---|---|---|---|
| Window | Oct 31, 2016 to Oct 30, 2026 | 2001-2025 | Oct 31, 2016 to Oct 30, 2026 |
| Total return | +15.24% | −12.16% | +316.62% |
| CAGR | +1.43% | −0.52% | +15.35% |
| Sharpe | −0.52 | −0.41 | 0.65 |
| Discounted Sharpe | −1.52 | — | — |
| Max drawdown | −10.6% | −39.0% | −33.7% |
| Win rate | 42.1% | 39.8% | — |
| Profit factor | 1.29 | 0.91 | — |
| Trades | 202 | — | — |
Hypothetical: a backtest with modeled costs, not traded with real money.
Hypothetical growth of $10,000
O10 Trailing Stop RSI · +15.2% vs SPY +316.6%
$10k$20k$40k20172019202120232025SPY
Rebuild it in Orbital
Paste this into Orbital Chat. The Strategy Developer builds the workflow and asks before it runs any backtest.
Trade SPY, QQQ and IWM on daily bars. If flat and RSI(14) is below 38, buy with 15% of equity. Exit with a 5% trailing stop from the highest price since entry, or when RSI(14) closes above 65. Long only; uninvested capital stays in cash. Backtest the last 10 years with $100,000.
Is it real?
- Strategies tested together
- 22
- Beta to SPY
- 0.20
- Alpha vs SPY
- −5.1% a year
- Costs paid
- $3,303, 18% of the gain before costs
- Data
- Daily bars, 2,514 sessions
- Fills
- Next open at market, sized at the fill
Sources