“Putting On The Brakes” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Putting On The Brakes’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Thursday, August 23, 2018, the return from my trading performance since January 1 stands at +74.6 accumulated profit points vs the benchmark SPY’s performance of +14.1 points over the same period. On Wednesday my performance was higher +.6 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 Wednesday, the SPY was down -.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was flat.

57 stocks traded yesterday: 43 long and 14 stocks traded short in the following sectors. 24/57 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 14 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Putting On The Brakes 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	76.7	Breakout	Long
2	68.4	Bullish Pullback	Long
3	72	Buyers Stepping In	Long
4	65.6	Count De Monet	Long
5	73.7	Downward Dog	Short
6	61.9	Float On	Long
7	66.2	Got Dough Wants To Go	Long
8	62.9	Knocking on Resistance	Short
9	67.5	Little Big Guy	Long
10	61.4	Looking for Bounce	Long
11	61.8	Mighty Mouse	Long
12	62.5	Nickelback	Long
13	67.9	Power Hour Short	Short
14	70.6	Pushing Through Resistance	Long
15	82.4	Putting on the Breaks	Short
16	68	Selling Strength	Short
17	60.7	Sunrise Mover	Long
18	58.8	The Vault	Long
19	61.8	Trend Trend Play	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