Nov 1, 2018

“Topping Formation” Leads 18 Algos, 8 Short: Holly Morning Huddle

Written by Katie Gomez

“Topping Formation” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Topping Formation’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Thursday, November 1, 2018, the return from my trading performance since January 1 stands at +86.5 accumulated profit points vs the benchmark SPY’s performance of +3.3 points over the same period. On Thursday my performance was higher +.2 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 Thursday, the SPY was up +2.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -1.7 points.

26 stocks traded yesterday: 25 long and 1 stocks traded short in the following sectors. 11/26 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 18 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 18 strategies selected today 10 are Long, bullish in outlook. 8 are Short, bearish in outlook. Ready for anything. The Topping Formation 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 69.6 Bon Shorty Short
2 67.4 Bullish Pullback Long
3 71.8 Close to a cross Long
4 63 Downward Dog Short
5 59.3 Downward Momentum Short
6 60.4 Knocking on Resistance Short
7 70 Mighty Mouse Long
8 63.4 Nickelback Long
9 60.5 On Support Long
10 63.2 Pushing Through Resistance Long
11 64.1 Putting on the Breaks Short
12 68.6 Quarterback Long
13 63.2 Selling Strength Short
14 62.2 Slippery Slope Short
15 60.7 Tailwind Long
16 66.1 The 5 Day Bounce Long
17 78.9 Topping Formation Short
18 65.1 Yesterday Hammer Today Strength 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.

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Best regards,


Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence