“Selling Strength” Leads 14 Algos, 10 Long: Holly Morning Huddle

“Selling Strength” Leads 14 Algos, 10 Long: Holly Morning Huddle

Feb 13, 2017

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, Monday, February 13, 2017, the return from my trading performance since January 1 stands at +116.4 accumulated profit points vs the benchmark SPY’s performance of +25.3 points over the same period. On Friday my performance was higher +.75 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 +.91. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +2.2 points.

Today’s a new day and I am prepared for the market open with 14 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 14 strategies selected today 10 are Long, bullish in outlook. 4 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. Test Win% Strategy L/S
1 53.3 Bouncers Long
2 59.8 Count De Monet Long
3 62.7 Knocking on Resistance Short
4 61.7 Looking for Bounce Long
5 70.3 Power Hour Long Long
6 63.6 Putting on the Breaks Short
7 59.3 Quarterback Long
8 72.7 Selling Strength Short
9 60.3 Strong Stock Pulling Back Long
10 64.2 Sunrise Mover Long
11 61.8 The 5 Day Bounce Long
12 59.4 The Continuation Long
13 59.3 Topping Formation Short
14 51 Wake Up Call Long

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.Have a great morning. See you in the markets!

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence