SPY
9:35 a.m. to 10:30 a.m. ET on regular-session data
Scalping rule
On a 1-minute chart, test a close above the prior five completed bars, then exit after three bars or on a close below the entry bar low.
Day trading rule
On a 5-minute chart, mark the first three completed bars and test a breakout after that 15-minute range has formed. Close by 3:55 p.m. ET.
- Use the same date range and long-only direction.
- State commission, spread, and slippage assumptions in both reports.
- Do not fill an order before the signal bar has completed.
This template defines a comparison. It does not claim that either SPY rule has produced a profit.