# Previous-Day High Reversal Strategy

Shorts are entered after a price break above the previous day's high and then opens below that high.

Canonical: https://prismaticalgos.com/compendium/algo/11159-previous-day-high-reversal-strategy
Record ID: 11159
Catalog rank: 2495 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Unclassified (?)
Source: https://github.com/anglerchampion/previous-day-reversal-strategy
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: NIFTY 100
- timeframes: 15 min, 30 min, 1 hour, 2 hours
- sessions: all day
- market_regime: volatile

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- price breaks above the previous day's high
- next candle opens below the previous day's high
- candle is bearish (close < open)

## Recorded exit rules

- stop-loss placed at the breakout high

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: at the breakout high
- Take profit: Not specified
- Position sizing: Not specified