Trade Ideas Blog

“Yesterday Hammer Today Strength” Leads 17 Algos, 12 Long: Holly Morning Huddle

Dec 10, 2019

“Yesterday Hammer Today Strength” Leads The Daily Regime of Optimized Algorithms

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

As of today, Tuesday, December 10, 2019, the return from my trading performance since January 1 stands at +140.7 accumulated profit points vs the benchmark SPY’s performance of +48.6 points over the same period. On Monday my performance was flat 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 -1.0. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.4 points.

14 stocks traded yesterday: 11 long and 3 stocks traded short in the following sectors. 9/14 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 12 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Yesterday Hammer Today 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 61.4 Bon Shorty Short
2 52.4 Breakdown Short Short
3 62.6 Breakout Long
4 56.7 Breakout Long Long
5 60 Bullish Pullback Long
6 62.7 Downward Dog Short
7 64.1 Downward Momentum Short
8 62.2 Float On Long
9 62 Little Big Guy Long
10 62.5 Looking for Bounce Long
11 67.5 Nice Chart Long
12 55.6 Pullback Long Long
13 50 Pullback Short Short
14 61.7 Strong Stock Pulling Back Long
15 60.7 Sunrise Mover Long
16 63.6 The 5 Day Bounce Long
17 75 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