Does Stochastic oversold bounce actually work on META? We tested it

This strategy made money overall, turning a 92.69% total return, but the ride was extremely lumpy. The worst period was a brutal -39.46% drawdown that lasted from early 2018 through the COVID crash in March 2020, meaning you would have sat on a deep loss for over two years. While the win rate is high at 84.38%, the average trade only gained 2.30%, so the profit came from many small wins rather than a few home runs. The entry timing shows a real edge, beating 77% of random entries, so the setup itself is picking good spots to get in. The consistency figure shows the edge was present in 3 out of 4 test periods, so the profit was not just from one lucky stretch, but it did struggle badly during that long 2018-2020 drawdown.