Swing Trader, Popular Stocks: Advanced Hedging Strategy (TA&FA)
Description:
This robot is best suited for active swing traders who can dedicate enough time to track 40-50 trades simultaneously. The average trade duration is 3-4 days, making it simple and affordable for beginner traders to follow the signals of this robot.
To select stocks, our proprietary method assesses the strength and quality of the momentum of the most active stocks in the US stock market. The algorithm then uses a complex pool of technical indicators to determine entry points for positions, with special attention given to the balance of short and long positions. This approach enables the robot to remain resilient to changes in the primary market trend.
After entering a trade, the robot automatically places fixed "Take Profit" and "Stop Loss" orders at a level equivalent to 3% of the opening price of the position.
The robot's trading results are displayed without using a margin, and a full trading statistics and equity chart can be accessed by clicking on the "show more" button on the robot page. In the "Open Trades" tab, users can observe how the AI Robot selects equities, enters and exits in real-time. In the "Closed Trades" tab, users can review all previous trades made by the AI Robot.
Overall, this AI Robot is an effective tool for swing traders looking to trade popular stocks while minimizing risk, and it offers valuable insights into how algorithmic trading strategies can be applied in the real world.
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 02.19.2023.
Summary (365 days)
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