‘Knocking On Resistance’ Strategy Leads the Daily Regime of Optimized Algorithms

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

As of today, Friday, April 7, 2017, the return from my trading performance since January 1 stands at +27.8 accumulated profit points vs the benchmark SPY’s performance of +11.9 points over the same period. On Thursday 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 Thursday. the SPY was up +.7 My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.0 points.

15 stocks traded yesterday: 15 long stocks traded in the following sectors. [Fraction] were in the 7/15 Manufacturing sector.

Symbol	L/S	Sector	Sub Industry
KIN	L	Professional, Scientific, and Technical Services	Veterinary Services
HA	L	Transportation and Warehousing	Scheduled Air Transportation
AAXN	L	Manufacturing	All Other Fabricated Metal Product Manufacturing
NVCR	L	Manufacturing	Medical Equipment and Supplies Manufacturing
CALD	L	Administrative and Support and Waste Management and Remediation Services	All Other Support Services
GNC	L	Retail Trade	Other Health and Personal Care Stores
FMSA	L	Mining, Quarrying, and Oil and Gas Extraction	Support Activities for Mining
CNAT	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
BGFV	L	Retail Trade	Sporting Goods Stores
VNDA	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
GIII	L	Manufacturing	All Other Textile Product Mills
CORI	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
SMRT	L	Retail Trade	Family Clothing Stores
NVTA	L	Health Care and Social Assistance	Medical and Diagnostic Laboratories
ITEK	L	Manufacturing	Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 16 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 16 strategies selected today 12 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Knocking on Resistance 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	60.6	Bullish Pullback	Long
2	59.6	Buyers Stepping In	Long
3	61.7	Cant Stop It	Long
4	52.4	Carpe De Alpha	Long
5	62.4	Downward Momentum	Short
6	67.4	Float On	Long
7	70.4	Knocking on Resistance	Short
8	59.4	Mighty Mouse	Long
9	62.1	On Support	Long
10	67.9	Power Hour Long	Long
11	61.8	Pushing Through Resistance	Long
12	64.7	Putting on the Breaks	Short
13	64.3	Strong Stock Pulling Back	Long
14	65.3	Tailwind	Long
15	62.2	Topping Formation	Short
16	54.2	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.

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence