“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, Wednesday, August 8, 2018, the return from my trading performance since January 1 stands at +65.6 accumulated profit points vs the benchmark SPY’s performance of +13.5 points over the same period. On Tuesday my performance was higher +.5 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 Tuesday, the SPY was up +.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -4.8 points.

107 stocks traded yesterday: 96 long and 11 stocks traded short in the following sectors. 45/107 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 19 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 19 strategies selected today 13 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Quarterback 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	59.3	Bon Shorty	Short
2	66.2	Breakout	Long
3	64.4	Bullish Pullback	Long
4	60.3	Downward Dog	Short
5	63.4	Downward Momentum	Short
6	59.5	Float On	Long
7	72.9	Knocking on Resistance	Short
8	82.1	Little Big Guy	Long
9	62.8	Looking for Bounce	Long
10	68.3	Mighty Mouse	Long
11	69.7	On Support	Long
12	68.9	Power Hour Short	Short
13	76.3	Quarterback	Long
14	64.9	Sunrise Mover	Long
15	65.1	The 5 Day Bounce	Long
16	61.9	The Continuation	Long
17	0	The Vault	Long
18	68.3	Topping Formation	Short
19	62.5	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.

“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