JPMorgan Bullish Engulfing Dip
Price patternBuys a bullish engulfing candle, but only while price is below its 50-period EMA.
What this strategy does
JPMorgan Bullish Engulfing Dip is a price pattern strategy that trades JPM on 15-minute bars. Buys a bullish engulfing candle, but only while price is below its 50-period EMA.
How it performed
Backtested on real JPM market data from 2023-07-01 to 2026-06-30 (3.0 years), this run returned +118.1%, or +29.7% annualized. It closed 86 trades with a 66% win rate. Risk-adjusted, that is a Sharpe ratio of 1.70, a Sortino ratio of 2.42 and a maximum drawdown of 13.5%.
| Symbol | JPM |
|---|---|
| Bar size | 15-minute |
| Strategy type | Price pattern |
| Backtest period | 2023-07-01 → 2026-06-30 |
| Total return | +118.1% |
| Annualized return | +29.7% |
| Sharpe ratio | 1.70 |
| Sortino ratio | 2.42 |
| Max drawdown | 13.5% |
| Win rate | 66% |
| Closed trades | 86 |
Evidence
Full backtest
Loading the full backtest…
Strategy rules & configuration
Past performance does not guarantee future results. Hypothetical.