Does Pin bar at a 20-day low actually work on AVGO? We tested it
We ran Pin bar at a 20-day low on AVGO through walk-forward testing and a 100-run random-entry gauntlet. 4 of 4 unseen periods positive. Beat 95 of 100 random-entry runs.
You gave up raw return for a higher win rate and a shallower drawdown. This setup is about timing and staying out of trouble, not beating the index.
Equity curve over Aug 2016 to Jul 2026. Hover any point for its value. Turn on buy and hold to compare.
The same rules, tested on 28 tickers. Edge held on 7. We ship it on those.
Show every ticker we tested
This strategy made money overall, returning 64.43% across 25 trades, and it won 88% of the time, so most trades were small winners. However, the ride was very lumpy, with a brutal 28.31% drawdown that stretched from August 2019 to March 2020, which is where it hurt the most. That drawdown was likely driven by just a few bad trades during that period, since the average win was only 2.09%. The entry timing has a strong edge, beating 95% of random entries, so the setup itself is doing the heavy lifting rather than the exits. The edge also showed up consistently across all four walk forward periods, meaning it wasn't just one lucky stretch.
Every verdict on this page comes from the same process. How we test.
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