Back in 1987 stock market crash, market turned around following Tuesday, its seems that it holds true up to this day.
It has a positive tendency on $QQQ
Results using compounding at 50%
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I added a twist.
Sell when close is higher than open
Or, sell when close is higher than high of one bar ago
It seems to work pretty well on $AAPL, $MSFT, $AMZN, $GOOGL as well, but it that probably is cherry picking. :)
$APPL
$MSFT
$AMZN
$GOOGL
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What is most shocking to me, that best strategies are the ones with absurdly simple rules...
I have spent hours upon hours just to discover that best strategies are the ones with such simple rules.
It has a positive tendency on $QQQ
Results using compounding at 50%
////////////////////////////////////////////////////////////////////////////////////////////////
I added a twist.
Sell when close is higher than open
Or, sell when close is higher than high of one bar ago
It seems to work pretty well on $AAPL, $MSFT, $AMZN, $GOOGL as well, but it that probably is cherry picking. :)
$APPL
$MSFT
$AMZN
$GOOGL
////////////////////////////////////////////////////////////////////////////////////////////////
What is most shocking to me, that best strategies are the ones with absurdly simple rules...
I have spent hours upon hours just to discover that best strategies are the ones with such simple rules.
Rename
Interesting findings, and great to hear you’re using WL to help unlock the market’s secrets!
Would be nice to see these strategies shared through Published Strategies so they appear in everyone's Wealth-Lab instantly:
https://www.wealth-lab.com/Strategy/PublishedStrategies
https://www.wealth-lab.com/Strategy/PublishedStrategies
It indeed works wel on a basket of stable stocks.
And even on the Nasdaq100 (WL data, so without survival bias) it seems to outperform with a low drawdown.
But note that this is without fees and what about slippage?
Not much can go wrong with a hitratio of 65% and average of 2,9% profit and avg 3,7% loss.
And even on the Nasdaq100 (WL data, so without survival bias) it seems to outperform with a low drawdown.
But note that this is without fees and what about slippage?
Not much can go wrong with a hitratio of 65% and average of 2,9% profit and avg 3,7% loss.
QUOTE:
it seems to outperform with a low drawdown
What drawdown? I couldn't replicate your picture. I had an extreme drawdown on nasdaq100 dataset. I used Sell at Close greater than Open.
The picture I like better is on QQQ, where I get 9% APR with a maximum drawdown of 18%. Given the low Exposure not a bad strategy.
These are the settings Nasdaq100 (WL).
But you'll need to add a transaction weight.
But you'll need to add a transaction weight.
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