“Power Hour Long” Leads 23 Algos, 14 Long: Holly Morning Huddle

“Power Hour Long” Leads 23 Algos, 14 Long: Holly Morning Huddle

Nov 29, 2018

“Power Hour Long” Leads The Daily Regime of Optimized Algorithms

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

As of today, Thursday, November 29, 2018, the return from my trading performance since January 1 stands at +102.8 accumulated profit points vs the benchmark SPY’s performance of +7.3 points over the same period. On Wednesday my performance was higher +1.6 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 Thursday, the SPY was up +6.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +2.4 points.

31 stocks traded yesterday: 27 long and 4 stocks traded short in the following sectors. 10/31 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 23 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 23 strategies selected today 14 are Long, bullish in outlook. 9 are Short, bearish in outlook. Ready for anything. The Power Hour Long 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 65.1 Bullish Pullback Long
2 67.3 Bullish Trend Change Long
3 60 Buyers Stepping In Long
4 60.3 Close to a cross Long
5 63.1 Cuts Like a Knife Short
6 71.9 Downward Dog Short
7 70.9 Downward Momentum Short
8 62.7 Knocking on Resistance Short
9 59.5 Little Big Guy Long
10 64.9 Mighty Mouse Long
11 64.8 Nickelback Long
12 68.2 On Support Long
13 79.4 Power Hour Long Long
14 71.8 Putting on the Breaks Short
15 65.9 Quarterback Long
16 66.7 Selling Strength Short
17 63.2 Slippery Slope Short
18 71.1 Strong Stock Pulling Back Long
19 62.5 Sunrise Mover Long
20 62.5 The Continuation Long
21 66.3 Topping Formation Short
22 66.7 Trend Trend Play Short Short
23 59.6 Volume Doesnt Lie 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