A short-term overnight trading strategy for the gasoline market, built on a seasonal pattern and two external indicators. It enters at the close and exits at the following day’s close. Backtested on the UGA ETF and potentially applicable to gasoline futures contracts. This was our Monthly Trading Edge for November 2024.
✔️ 123 trades ✔️ 0.6% average gain per trade ✔️ 62% win rate ✔️ Profit factor: 2.2 ✔️ 4.3% annual return (CAGR) ✔️ 2.5% market exposure ✔️ Risk-adjusted return: 177% ✔️ Max drawdown: -7%
You’ll get the full trading rules – ready to test and validate. Some example code for popular platforms is included. Want it? Just ask.
