“Breakout” Leads The Daily Regime of Optimized Algorithms

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

As of today, Wednesday, September 19, 2018 the return from my trading performance since January 1 stands at +81.3 accumulated profit points vs the benchmark SPY’s performance of +18.9 points over the same period. On Tuesday my performance was lower -0.1 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 flat. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.1 points.

44 stocks traded yesterday: 38 long and 6 stocks traded short in the following sectors. 7/22 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 15 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 15 strategies selected today 11 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Breakout 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	73.9	Breakout	Long
2	63.6	Bullish Pullback	Long
3	61.7	Buyers Stepping In	Long
4	67.6	Little Big Guy	Long
5	66.7	Mighty Mouse	Long
6	66.2	On Support	Long
7	63.6	Power Hour Short	Short
8	69.2	Putting on the Breaks	Short
9	68.3	Quarterback	Long
10	61.2	Selling Strength	Short
11	70.4	Strong Stock Pulling Back	Long
12	60.5	Sunrise Mover	Long
13	66.1	Tailwind	Long
14	69	Topping Formation	Short
15	64.9	Yesterday Hammer Today Strength	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!

“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