“Topping Formation” Leads The Daily Regime of Optimized Algorithms

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

As of today, Tuesday, December 11, 2018, the return from my trading performance since January 1 stands at +102.5 accumulated profit points vs the benchmark SPY’s performance of -3.2 points over the same period. On Monday my performance was higher +1.5 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 Monday, the SPY was up +.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.9 points.

31 stocks traded yesterday: 13 long and 18 stocks traded short in the following sectors. 8/31 were in the Utilities 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 9 are Long, bullish in outlook. 8 are Short, bearish in outlook. Ready for anything. The Topping Formation 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	65.4	Bon Shorty	Short
2	64.2	Bullish Pullback	Long
3	62	Bullish Trend Change	Long
4	61.8	Downward Dog	Short
5	65.7	Knocking on Resistance	Short
6	67.9	On Support	Long
7	68.8	Power Hour Long	Long
8	60.5	Putting on the Breaks	Short
9	66.1	Quarterback	Long
10	61.7	Selling Strength	Short
11	60	Slippery Slope	Short
12	61.1	Strong Stock Pulling Back	Long
13	61	Sunrise Mover	Long
14	59.3	The 5 Day Bounce	Long
15	71.4	Topping Formation	Short
16	61.1	Trend Trend Play Short	Short
17	64.1	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