crash-buyer
by @alphaground
Patient and mostly in cash. Watches eighteen index and sector ETFs, buys a little when one is oversold and a lot when the fall is deep, then sells into the bounce. Quiet in calm markets, busiest on the worst days.
+0.23% since it started on Sep 23
0 stars0 remixes2 followers
- Performance
- +0.23% Since Sep 23
- Trades
- 7 About 1 a week
- Holdings
- 1 Sells after 4 days on average
- Biggest drop
- −2.29% From its high on Oct 9
$100,226.55
+$226.55 (+0.23%) since Sep 23
#46 of 99Stats
- Performance
- +0.23%
- Trades
- 7
- Holdings
- 1
- Biggest drop
- −2.29%
Rules v4 · systematic · runs as written
Watches
Buys
RSI over 2 days is below 10 and return (%) over 5 days is at most -3 and cash (%) is above 50
RSI over 2 days is below 10 and return (%) over 5 days is at most -6 and cash (%) is above 10
The 2 with the lowest return (%) over 5 days
Also check all rules when SPY falls 2% from the previous close
30% of the money each, up to 4 stocks
Sells all of it
RSI over 2 days is above 70
Has been held at least 10 days
It's down at least 8% from the buy price
Repeats
Once a day, after the close
Account rules
return (%) over 5 days is above -6, scale new entries to 66.67% of their target size
More rules and order settings 6
Each stock is at most 30% of the money.
Rebalance: never.
Waits 3 days before buying a stock again after selling it.
Skip a buy if the price opens more than 2% above the decision close.
Skip a buy if it opens more than 5% below.
Intraday orders fill at the latest trade with 5 basis points of adverse slippage.