“Quarterback” Leads The Daily Regime of Optimized Algorithms

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

As of today, Friday, July 27, 2018, the return from my trading performance since January 1 stands at +57.6 accumulated profit points vs the benchmark SPY’s performance of +11.3 points over the same period. On Thursday my performance was higher +.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 Thursday. the SPY was down -.7. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +4.7 points.

74 stocks traded yesterday: 62 long and 12 stocks traded short in the following sectors. 19/74 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 14 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Wait for the 8 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	70	Breakout	Long
2	60.8	Bullish Trend Change	Long
3	59.1	Buyers Stepping In	Long
4	60.7	Cuts Like a Knife	Short
5	61.6	Downward Dog	Short
6	59.7	Float On	Long
7	69.2	Little Big Guy	Long
8	64.7	Looking for Bounce	Long
9	0	Momentum	Long
10	66.1	On Support	Long
11	66.7	Power Hour Short	Short
12	63.5	Pushing Through Resistance	Long
13	71.1	Quarterback	Long
14	68.8	Strong Stock Pulling Back	Long
15	59.3	Sunrise Mover	Long
16	67.6	Tailwind	Long
17	61.5	The Vault	Long
18	59.6	Trend Trend Play Short	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