The trading style is trend-following, for the majority of our allocations.
MA 10,20,50
RSI
MA 20 == basis
Breakout
A breakout happens if:
last month's
low < basis
close > basis
this month's close (to date) > last month's close
Stop loss
If the stock closes below basis, close position.
Those alone can get us more than 70% accuracy. It won't beat the buy and hold for a single security, but it will beat buy and hold for a portfolio. (Need further backtesting #35)
The trading style is trend-following, for the majority of our allocations.
MA 20 ==
basisBreakout
A breakout happens if:
low < basisclose>basisclose(to date) > last month'scloseStop loss
If the stock closes below
basis, close position.Those alone can get us more than 70% accuracy. It won't beat the buy and hold for a single security, but it will beat buy and hold for a portfolio. (Need further backtesting #35)
Will go in-depth later..