Palo Alto Morning Star Reversal
Price patternTrades the three-candle morning-star reversal with a 3% target and 2% stop.
What this strategy does
Palo Alto Morning Star Reversal is a price pattern strategy that trades PANW on 15-minute bars. Trades the three-candle morning-star reversal with a 3% target and 2% stop.
How it performed
Backtested on real PANW market data from 2023-07-01 to 2026-06-30 (3.0 years), this run returned +60.6%, or +17.1% annualized. It closed 62 trades with a 56% win rate. Risk-adjusted, that is a Sharpe ratio of 1.58, a Sortino ratio of 2.44 and a maximum drawdown of 8.7%.
| Symbol | PANW |
|---|---|
| Bar size | 15-minute |
| Strategy type | Price pattern |
| Backtest period | 2023-07-01 → 2026-06-30 |
| Total return | +60.6% |
| Annualized return | +17.1% |
| Sharpe ratio | 1.58 |
| Sortino ratio | 2.44 |
| Max drawdown | 8.7% |
| Win rate | 56% |
| Closed trades | 62 |
Evidence
Full backtest
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Strategy rules & configuration
Past performance does not guarantee future results. Hypothetical.