Bearish S&P 500 Swing Trader: one position only (TA)
Description:
This type of AI Robot is well suited to traders who do not want to spend time analyzing a large number of instruments. This robot trades one inverse (bearish) ETF - SPXU only. SPXU tracks the S&P 500 index in the opposite direction with the 3x leverage.
Entry signals are based on a proprietary combination of technical analysis algorithms (trend indicators and oscillators) and include an assessment of current market volatility. To exit a position, the robot uses 2 options: a fixed take profit of 3% of the position opening price and a flexible trailing stop that allows you to save most of the profit if the market reverses.
How you can use the signals from this robot.
1. Trade for an effective bearish swing strategy.
2. Use as a sentiment indicator for trading stocks included in the S&P 500 Index.
The robot's trading results are shown without using a margin.
For a full trading statistics and equity chart, click on the "Show more" button on the robot page.
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 the AI Robot.
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 05.04.2022.
Actual Performance (214 days)
Simulated Performance
This Robot is recommended to be used when the markets are growing in general. The core algorithm makes only long The core algorithm makes only long