“Selling Strength” Leads 17 Algos, 7 Short: Holly Morning Huddle

“Selling Strength” Leads 17 Algos, 7 Short: Holly Morning Huddle

Nov 20, 2018

“Selling Strength” Leads The Daily Regime of Optimized Algorithms

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

As of today, Tuesday, November 20, 2018, the return from my trading performance since January 1 stands at +98.0 accumulated profit points vs the benchmark SPY’s performance of +1.8 points over the same period. On Monday my performance was higher +1.3 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 Monday, the SPY was down -4.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +4.2 points.

34 stocks traded yesterday: 12 long and 22 stocks traded short in the following sectors. 13/34 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 17 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 17 strategies selected today 10 are Long, bullish in outlook. 7 are Short, bearish in outlook. Ready for anything. The Selling Strength 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 61.7 Bullish Trend Change Long
2 60.9 Downward Dog Short
3 61.7 Knocking on Resistance Short
4 65.7 Little Big Guy Long
5 65.6 Mighty Mouse Long
6 70.5 Nickelback Long
7 65.9 On Support Long
8 63 Putting on the Breaks Short
9 73.6 Quarterback Long
10 76.4 Selling Strength Short
11 72.5 Slippery Slope Short
12 76.2 Strong Stock Pulling Back Long
13 66.2 Sunrise Mover Long
14 60.6 Tailwind Long
15 60.8 Topping Formation Short
16 59.9 Trend Trend Play Short Short
17 59.4 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