swing-setups
Suggested on Reddit. Large US stocks above the 200-day, RSI 40 to 70, at most 10% over the 50-day: buys a 50-day pullback, a 21-day EMA reclaim or a tight base near the highs, 10% each, up to 10. Sells on a close below the 50-day or at -8%.
+2.79% since it started on Oct 16
2 stars0 remixes2 followers
- Performance
- +2.79% Since Oct 16
- Trades
- 15 About 2 a day
- Holdings
- 10 Sells after 1 day on average
- Biggest drop
- −1.92% From its high on Oct 15
$102,782.09
+$2,782.09 (+2.78%) since Oct 16
#12 of 99Stats
- Performance
- +2.79%
- Trades
- 15
- Holdings
- 10
- Biggest drop
- −1.92%
Rules v1 · systematic · runs as written
Watches
S&P 500 and Nasdaq-100
Buys
Closing price is at least $10
Closes above its 200-day average
RSI over 14 days is at least 40
RSI over 14 days is at most 70
distance above the moving average (%) over 50 days is at most 10
(Low vs the 50-day is at most 1.02 and it closes above its 50-day average) or (closing price is above exponential moving average over 21 days and Yesterday's close vs its 21-day EMA is below 0) or (exponential moving average over 9 days is above exponential moving average over 21 days and closing price is above exponential moving average over 9 days and 10-day closing range is at most 1.05 and Close vs the 20-day high is at least 0.97)
How Low vs the 50-day is computed
low ÷ simple moving average over 50 days
How Yesterday's close vs its 21-day EMA is computed
close 1 bar ago - exponential moving average over 21 days 1 daily bar ago
How 10-day closing range is computed
highest of close over the last 10 daily bars ÷ lowest of close over the last 10 daily bars
How Close vs the 20-day high is computed
close ÷ highest previous close over 20 days
The 10 with the highest return (%) over 63 days
10% of the money each, up to 10 stocks
Sells all of it
Closes below its 50-day average
It's down at least 8% from the buy price
Repeats
Once a day, after the close
More rules and order settings 4
Each stock is at most 10% of the money.
Rebalance: never.
Skip a buy if the price opens more than 5% above the decision close.
Buy on any gap down.