There were nine signals from August 1 to August 5. Four of those were successful in terms the market would have closed in your favor.

SPY

The DDI indicated a Long trade on Monday. The ML1 was reached in the first 30 minutes of trading. The SPY closed slightly below the ML1. On Tuesday the DDI = Short. After a rather fast move down, the SPY became an intra-day reversal. The rally was short-lived as the SPY closed below the open. The day after an intra-day reversal, the signal to take is the direction from The Intra-Day Momentum Method. The DDI is not valid. The SPY reached the ML1 and closed above that level. There were no levels reached on Thursday, as the SPY had a narrow range day. On Friday, no levels were drawn.

QQQ

On Monday, the DDI registered Long. The QQQ reached the ML1 level up in the first 30 minutes of trading. The QQQ closed just below the ML1 level. On Tuesday, the DDI = Short. The ML1 level was reached. The QQQ closed below the ML1 level. On Wednesday, the DDI indicated a Long day. The QQQ reached the ML1 level in the first 30 minutes of trading. The QQQ closed above the ML1. There were no levels reached on Thursday, as the QQQ had a narrow range day. On Friday, no levels were drawn.

DIA

On Monday, the DDI indicated Long day. The DIA reached the ML1 and closed just below that level. On Tuesday, the DDI was short. The DIA reached the MS1 Level down. It rallied back to the open and slightly higher. It closed below the MS1 Level. On Wednesday, the DDI was short. The DIA reached the ML1 level and closed above that level. There were no levels reached on Thursday, as the QQQ had a narrow range day. On Friday, no levels were drawn.

The results in the image above assume no stop-loss. Risk management is applied in the form of a filter for trading the day after an intra-day reversal.