Trade Ideas Blog

“Breakout” Leads 9 Algos, 6 Long: Holly Morning Huddle

Nov 27, 2017

“Breakout” Leads The Daily Regime of Optimized Algorithms

Good morning.  Breakout, today’s high performing algorithm, headlines the Holly Morning Huddle Report.

As of today, Monday, November 27, 2017, the return from my trading performance since January 1 stands at +99.9 accumulated profit points vs the benchmark SPY’s performance of +36.7 points over the same period. On Friday my performance was higher +.7 in Risk-Off mode (shown above). Risk-Off mode is where trades are not extended and exits are bounded by predetermined time in trade limits absent other reasons to exit (e.g., price target or stop loss reached, etc.) On Friday. the SPY was up +.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.3 points.

7 stocks traded yesterday: 7 long stocks traded in the following sectors. 2/7 were in the Manufacturing; and Professional, Scientific, and Technical Services sectors.

Symbol L/S Sector Sub Industry
XOG L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
RXDX L Manufacturing Pharmaceutical and Medicine Manufacturing
ARNA L Manufacturing Pharmaceutical and Medicine Manufacturing
TRTN L Real Estate and Rental and Leasing Other Commercial and Industrial Machinery and Equipment Rental and Leasing
MARK L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
PAM L Utilities Electric Power Transmission, Control, and Distribution
YNDX L Professional, Scientific, and Technical Services Computer Systems Design and Related Services

Today’s a new day and I am prepared for the market open with 13 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.

Of these 9 strategies selected today 6 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Breakout strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Test Win% Strategy L/S
1 75 Breakout Long
2 64.4 Bullish Trend Change Long
3 66.7 Buyers Stepping In Long
4 60.6 Little Big Guy Long
5 61.5 Power Hour Short Short
6 63.4 Putting on the Breaks Short
7 60.8 Selling Strength Short
8 62.2 Sunrise Mover Long
9 54.7 Wake Up Call Long

Have a great morning. See you in the markets!

For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours. You can also follow me on social media at @TradeIdeas.

“Inquire about sponsorship opportunities for this series at info@trade-ideas.com.”

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence