“Power Hour Long” Leads 18 Algos, 10 Long: Holly Morning Huddle

“Power Hour Long” Leads 18 Algos, 10 Long: Holly Morning Huddle

Dec 31, 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, Monday, December 31, 2018, the return from my trading performance since January 1 stands at +99.8 accumulated profit points vs the benchmark SPY’s performance of -19.6 points over the same period. On Friday my performance was lower -0.6 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 Friday, the SPY was down -.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.4 points.

22 stocks traded yesterday: 10 long and 12 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 13 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 18 strategies selected today 10 are Long, bullish in outlook. 8 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 59.7 Bon Shorty Short
2 63.9 Count De Monet Long
3 69.9 Downward Dog Short
4 68.9 Downward Momentum Short
5 59.5 Engulf Long
6 63 Float On Long
7 62.5 Knocking on Resistance Short
8 64 Looking for Bounce Long
9 63.2 Mighty Mouse Long
10 81.5 Power Hour Long Long
11 62.3 Putting on the Breaks Short
12 64.3 Quarterback Long
13 69.6 Selling Strength Short
14 59.2 Slippery Slope Short
15 61.5 Strong Stock Pulling Back Long
16 70.2 Sunrise Mover Long
17 65.3 Topping Formation Short
18 66.1 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