“Quarterback” Leads The Daily Regime of Optimized Algorithms

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

As of today, Friday, December 21, 2018, the return from my trading performance since January 1 stands at +100.5 accumulated profit points vs the benchmark SPY’s performance of -20.2 points over the same period. On Thursday my performance was lower -1.1 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 Thursday, the SPY was down -3.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.1 points.

21 stocks traded yesterday: 11 long and 10 stocks traded short in the following sectors. 14/21 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 21 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 21 strategies selected today 13 are Long, bullish in outlook. 8 are Short, bearish in outlook. Ready for anything. The Quarterback 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	68.5	Bon Shorty	Short
2	72.3	Breakout	Long
3	66	Bullish Trend Change	Long
4	62	Buyers Stepping In	Long
5	59.3	Downward Dog	Short
6	59.1	Downward Momentum	Short
7	63.8	Float On	Long
8	71.7	Knocking on Resistance	Short
9	63.6	Little Big Guy	Long
10	60.4	Looking for Bounce	Long
11	64.4	Mighty Mouse	Long
12	71	On Support	Long
13	65.5	Power Hour Long	Long
14	66.7	Pushing Through Resistance	Long
15	66.1	Putting on the Breaks	Short
16	77.3	Quarterback	Long
17	68.5	Selling Strength	Short
18	66.7	Slippery Slope	Short
19	62.9	Sunrise Mover	Long
20	65.3	The 5 Day Bounce	Long
21	66.7	Topping Formation	Short

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