OPENING GAP FADE (LONG)

← all strategies · id org-gap-fade-long · updated 2026-11-06

ACTIVElifecycle: activebuilt long

WHAT IT LOOKS FOR

When a stock gaps down at the open by a small amount for its normal range, it bets the gap fills back toward yesterday's close.

small gap DOWN at the open
buy the fill toward
yesterday's close

TRACK RECORD

Rule-following trades only. Trades a system fault touched are listed below and left out of these figures, because a strategy is not judged on a day the machine failed (rule 61). The site's overall total counts every trade.

−$98.69paper P&L, all time

62closed trades

40.3%win rate (25W / 37L)

−$1.59average per trade

+$54.76best: ARM long, 2026-08-03

−$68.16worst: ULCC long, 2026-10-23

First closed trade 2026-08-03 · last 2026-10-30 · long 62 trades −$98.69 · short 0 trades +$0.00

† 7 further trades on this strategy were hit by a system fault — an outage, a reboot, a missed end-of-day close-out — and made −$3.45 between them. They are not in the figures above, because a strategy is not judged on a day the machine failed (rule 61). They are still counted in the site’s overall total, which is every trade the broker filled. With them, this strategy shows 69 trades and −$102.14. What went wrong, and when.

These trades were executed on Moomoo. Results include every closed trade, winners and losers. Past results don't predict future returns.

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PERFORMANCE

QuantStats on this strategy's daily profit and loss, every closed trade, over 41 trading day(s). Returns are a share of the desk's opening paper equity, because a strategy shares the book rather than running its own account. Simulated money.

-1.40Sharpeon the desk's opening equity

-2.27Sortino

-0.27%max drawdownpeak to trough

0.80profit factor

+0.10%best day

-0.04%worst day

LAST 15 TRADES

closed	symbol	side	paper P&L
2026-11-06	ARQT †	long	−$20.68
2026-11-06	FRSH †	long	−$7.05
2026-11-02	RBRK †	long	+$9.09
2026-10-30	VNET	long	−$12.38
2026-10-29	CLS	long	−$6.15
2026-10-29	AXTI †	long	−$4.62
2026-10-27	WING †	long	+$36.19
2026-10-23	TROX	long	+$33.21
2026-10-23	ULCC	long	−$68.16
2026-10-20	ASTS	long	+$5.33
2026-10-20	SVM	long	+$16.56
2026-10-20	CRDO	long	−$11.12
2026-10-20	FUN	long	−$2.12
2026-10-20	TSEM	long	+$15.79
2026-10-19	ORC	long	−$5.43

RULES THAT SHAPE IT

R35 [testing] org-gap-fade: fade the opening gap toward the prior close, sized by gap-vs-ATR14 bucket

Plus the 37 universal rules that govern every trade. Read the rulebook.