DAX Turnaround Tuesday Strategy with a 34-Day SMA Filter

Summary

The system takes a long position in the DAX when Monday’s regular-session close is below its daily 34-period simple moving average. It enters at 17:45 on Monday and plans to exit at 09:00 on Wednesday. The code checks the weekday and time on an intraday chart while using daily candles to evaluate the moving-average condition.

The original VTAD rules omit stop-loss and take-profit orders, but this implementation adds percentage-based exits, with example settings given in the document. The author says the system can also run on a five-minute chart, with those settings optimized for that timeframe. No performance results or backtest evidence are provided. A key limitation is that the broker’s daily candles may use 24-hour sessions, while the strategy’s signal depends on DAX regular trading hours; the author also notes that time-zone settings need attention. The documented stop and target settings are choices made by the author, rather than part of the cited VTAD rules.

Key ideas

• The system buys the DAX on Monday at 17:45 if the regular-session close is below its daily 34-period simple moving average.
• The planned time-based exit is Wednesday at 09:00.
• The implementation adds percentage stop-loss and take-profit orders despite the cited rules omitting them.
• Intraday signal timing must be aligned with the intended time zone and session.
• Broker daily candles may not match the regular-hours candles used to define the signal.

Tags

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