A Tuesday CAC 40 Long Setup Using the 65-Day Moving Average

Summary

This short-term CAC 40 strategy combines a moving-average filter with a daily range condition and a fixed weekday schedule. It checks whether the prior daily close is below the 65-day moving average, and whether the current day’s low or high is above the corresponding level from the previous day. When both filters hold, it opens a long position at Tuesday’s open and exits at Wednesday’s close. The example specifies one contract and a 2% loss stop.

The document presents the entry and exit rules as a strategy script but supplies no backtest, trade history, benchmark, or performance statistics. It also gives no rationale or evidence for the chosen indicator period, weekday timing, range test, or stop size. The setup is therefore a rule description rather than demonstrated evidence of an effective edge; results may depend on instrument settings, data, execution costs, and the precise interpretation of the daily conditions.

Key ideas

• The setup filters for a daily close below the 65-day moving average.
• It also requires the current day’s high or low to exceed the previous day’s corresponding level.
• The strategy enters long at Tuesday’s open and exits at Wednesday’s close.
• The example uses one contract and a 2% loss stop.
• No backtest results or evidence of profitability are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.