Does Pin bar at a 20-day low actually work on JPM? We tested it
We ran Pin bar at a 20-day low on JPM through walk-forward testing and a 100-run random-entry gauntlet. 3 of 4 unseen periods positive. Beat 78 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 nearly 22%, but the ride was very lumpy. The worst stretch was a brutal 28% drawdown that lasted from mid-2018 into early 2020, meaning the system was underwater for a long time before recovering. Even though you won 83% of your trades, the average gain per trade was less than 1%, so the profits came from many small wins rather than a few big home runs. The entry timing shows a real edge, beating 78% of random entries, so the setup itself is doing the heavy lifting rather than the exits. The edge was also consistent, showing up in three out of four test periods, so the result is not just a fluke from one lucky stretch.
Every verdict on this page comes from the same process. How we test.
Sign up free. EdgeStacker runs a fresh backtest for you, then alerts you on the Today screen when the setup fires.