- ago
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.


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Glitch8
 ( 7.81% )
- ago
#1
Interesting findings, and great to hear you’re using WL to help unlock the market’s secrets!
0
- ago
#2
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
1
- ago
#3
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.

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ww58
- ago
#4
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.
0
- ago
#5
These are the settings Nasdaq100 (WL).
But you'll need to add a transaction weight.

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