Trade Ideas Blog

“Selling Strength” Leads 21 Algos, 7 Short: Holly Morning Huddle

Nov 13, 2018

“Selling Strength” Leads The Daily Regime of Optimized Algorithms

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

As of today, Tuesday, November 13, 2018, the return from my trading performance since January 1 stands at +94.7 accumulated profit points vs the benchmark SPY’s performance of +5.3 points over the same period. On Monday my performance was lower -0.3 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 up -5.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +3.1 points.

13 stocks traded yesterday: 13 stocks traded short in the following sectors. 4/13 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 21 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 21 strategies selected today 14 are Long, bullish in outlook. 7 are Short, bearish in outlook. Ready for anything. The Selling Strength 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 62 Bon Shorty Short
2 64.1 Breakout Long
3 64.9 Bullish Pullback Long
4 60 Bullish Trend Change Long
5 66.7 Buyers Stepping In Long
6 59.1 Count De Monet Long
7 61.4 Downward Dog Short
8 63.5 Downward Momentum Short
9 62.5 Float On Long
10 60 Knocking on Resistance Short
11 65.7 Little Big Guy Long
12 67.6 Nickelback Long
13 65.9 Power Hour Long Long
14 69 Putting on the Breaks Short
15 66.7 Quarterback Long
16 71.1 Selling Strength Short
17 64 Slippery Slope Short
18 63.9 Sunrise Mover Long
19 60.4 Tailwind Long
20 61.5 The 5 Day Bounce Long
21 63.1 Volume Doesnt Lie 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