Does Aroon trend actually work on GOOGL? We tested it

This strategy made a strong profit of 224.58% over its life, but the ride was extremely lumpy. The worst stretch was a brutal drawdown of over 30% that lasted more than two years, from late 2021 through late 2023, which would have been very painful to sit through. The result is not driven by just a few lucky trades, as the win rate is a solid 66.67% and the average trade returned 4.57%. The entry timing is doing most of the heavy lifting here, since the real entries beat 96% of random entry dates, meaning the exits are less critical to the success. The edge was also consistent, showing up as profitable in all four walk forward test periods, so the strategy's performance was not a fluke from one lucky stretch.