← All examples

Super Micro Gap Momentum

Momentum

Buys a 1.5% opening gap and runs a wide 10% target against a tight 2% stop.

What this strategy does

Super Micro Gap Momentum is a momentum strategy that trades SMCI on 1-hour bars. Buys a 1.5% opening gap and runs a wide 10% target against a tight 2% stop.

How it performed

Backtested on real SMCI market data from 2023-07-01 to 2026-06-30 (3.0 years), this run returned +134.7%, or +32.9% annualized. It closed 165 trades with a 24% win rate. Risk-adjusted, that is a Sharpe ratio of 0.87, a Sortino ratio of 1.45 and a maximum drawdown of 34.2%.

Key results
SymbolSMCI
Bar size1-hour
Strategy typeMomentum
Backtest period2023-07-01 → 2026-06-30
Total return+134.7%
Annualized return+32.9%
Sharpe ratio0.87
Sortino ratio1.45
Max drawdown34.2%
Win rate24%
Closed trades165

Evidence

Full backtest

Loading the full backtest…
Strategy rules & configuration

Past performance does not guarantee future results. Hypothetical.

Quawd

A subscription SaaS platform for designing, backtesting, and paper-trading algorithmic trading strategies on equities and crypto — described in plain English to an AI agent, no code required.

© 2026 Quawd. All rights reserved.

Quawd is a software tool, not a broker-dealer or investment adviser, and does not provide investment advice. Trading involves substantial risk of loss. Backtested and hypothetical results have inherent limitations and are not indicative of future performance.