“Breakout” Leads The Daily Regime of Optimized Algorithms
Good morning. “‘Breakout’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”
As of today, Monday, October 1, 2018, the return from my trading performance since January 1 stands at +78.6 accumulated profit points vs the benchmark SPY’s performance of +18.7 points over the same period. On Thursday my performance was lower -1.4 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 flat. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +0.4 points.
39 stocks traded yesterday: 24 long and 15 stocks traded short in the following sectors. 4/13 were in the Manufacturing sector.
Today’s a new day and I am prepared for the market open with 19 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 19 strategies selected today 15 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Breakout 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 | 80 | Breakout | Long |
| 2 | 61.5 | Bullish Pullback | Long |
| 3 | 61.2 | Bullish Trend Change | Long |
| 4 | 70.8 | Buyers Stepping In | Long |
| 5 | 69.6 | Downward Dog | Short |
| 6 | 66.7 | Float On | Long |
| 7 | 67.9 | Got Dough Wants To Go | Long |
| 8 | 60.6 | Little Big Guy | Long |
| 9 | 73 | Looking for Bounce | Long |
| 10 | 69.3 | On Support | Long |
| 11 | 63 | Power Hour Short | Short |
| 12 | 65 | Pushing Through Resistance | Long |
| 13 | 69.2 | Quarterback | Long |
| 14 | 64.8 | Selling Strength | Short |
| 15 | 68.8 | Strong Stock Pulling Back | Long |
| 16 | 67.9 | Sunrise Mover | Long |
| 17 | 65.9 | Tailwind | Long |
| 18 | 63.8 | The 5 Day Bounce | Long |
| 19 | 70.4 | 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.
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Best regards,
Holly
