Volume traders 4% stop (TA)
Description:
This AI Robot generates trades based on volume analysis and price action. AI Robot finds stocks that have significant increases in volume without a significant change to stock price. It happens when institutional investors buy shares. This AI Robot trades only with the large cap companies. It does open positions at the beginning of the day, so it's easy to follow. AI Robot uses fixed stops and take profit levels, so it's easy to manage your risk.
In the tab “Open Trades”, a user can see live how AI Robot selects equities, and enters and exits in paper trades. In the tab, “Closed trades”, a user can review all previous trades made by AI Robot and analyze all statistics, such as maximum number of trades, Sharpe ratio, average winners and losers, etc.
Disclaimer. The presented paper traded results (annualized returns, % wins/loss, and other statistics) are achieved by the application of the backtested and forward tested models. The past backtested and forward tested performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, expressed or implied is made regarding future performance. Forward testing started on 12.31.2020