Trade Ideas Blog

“Bullish Trend Change” Leads 23 Algos, 17 Long: Holly Morning Huddle

Jul 31, 2018

“Bullish Trend Change” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Bullish Trend Change’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Tuesday January 31, 2018, the return from my trading performance since January 1 stands at +60.8 accumulated profit points vs the benchmark SPY’s performance of +7.9 points over the same period. On Monday my performance was higher +1.9 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 Monday, the SPY was down -1.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +2.5 points.

50 stocks traded yesterday: 40 long and 10 stocks traded short in the following sectors. 23/50 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 23 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 23 strategies selected today 17 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Bullish Trend Change strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Win% Strategy L/S
1 61.3 Bon Shorty Short
2 59.4 Bullish Pullback Long
3 77.8 Bullish Trend Change Long
4 65.8 Buyers Stepping In Long
5 60.8 Close to a cross Long
6 64.1 Downward Dog Short
7 63 Downward Momentum Short
8 60.6 Got Dough Wants To Go Long
9 60.6 Knocking on Resistance Short
10 61 Little Big Guy Long
11 59.3 Looking for Bounce Long
12 60.8 Mighty Mouse Long
13 0 Momentum Long
14 62.2 Nickelback Long
15 66 On Support Long
16 64.7 Power Hour Short Short
17 60 Pushing Through Resistance Long
18 61.1 Quarterback Long
19 61.7 Strong Stock Pulling Back Long
20 69.4 Sunrise Mover Long
21 64.1 Tailwind Long
22 62 The Vault Long
23 70.2 Topping Formation Short

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