“Selling Strength” Leads The Daily Regime of Optimized Algorithms

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

As of today, Friday, August 17, 2018, the return from my trading performance since January 1 stands at +69.0 accumulated profit points vs the benchmark SPY’s performance of +12.0 points over the same period. On Thursday my performance was higher +.7 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 +2.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +4.0 points.

85 stocks traded yesterday: 76 long and 9 stocks traded short in the following sectors. 44/85 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 15 are Long, bullish in outlook. 8 are Short, bearish in outlook. Ready for anything. The Selling 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 63.2 Bon Shorty Short
2 83.3 Breakout Long
3 60 Bullish Pullback Long
4 71.7 Bullish Trend Change Long
5 71.4 Buyers Stepping In Long
6 60.6 Count De Monet Long
7 61.7 Downward Dog Short
8 65.8 Downward Momentum Short
9 62 Float On Long
10 61.1 Knocking on Resistance Short
11 73 Little Big Guy Long
12 65.8 Looking for Bounce Long
13 64.9 Mighty Mouse Long
14 69.2 On Support Long
15 69.4 Power Hour Short Short
16 62.8 Putting on the Breaks Short
17 68.8 Quarterback Long
18 74.4 Selling Strength Short
19 68.2 Sunrise Mover Long
20 66 Tailwind Long
21 54.7 The Vault Long
22 64.8 Topping Formation Short
23 64.2 Trend Trend Play 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