Swing Trader for Beginners: Market Neutral Strategy for NASDAQ 100 Stocks (TA)
Description:
This robot is specifically designed for novice traders seeking to trade stocks of high-tech companies from the NASDAQ 100 index, utilizing professional market neutrality algorithms. The Nasdaq-100 is a stock market index comprised of 101 equity securities issued by the 100 largest non-financial companies listed on the Nasdaq Stock Exchange. The stocks within this index boast high liquidity, low spreads, and moderate volatility, making them an ideal choice for novice traders.
Every day, advanced mathematical algorithms, leveraging trend and pattern recognition technologies, systematically scan stocks from the NASDAQ 100 index to identify signals for opening trades. To ensure maximum market neutrality and independence from the current dynamics of the stock market, the robot's algorithm incorporates an advanced mechanism for creating a portfolio of both long and short positions. The robot meticulously selects the five highest-quality signals for opening long positions and the five highest-quality signals for opening short positions, thus constructing a perfectly balanced daily portfolio.
Following the initiation of a trade, the robot establishes a trailing stop based on a sophisticated combination of technical indicators optimized through machine learning algorithms. Additionally, a fixed "Take Profit" order is placed at two percent of the opening price of the position. This strategic combination empowers our users to effectively secure profits and avoid prolonged periods of drawdowns.
All orders placed by the robot are conveniently accessible on the "Pending Orders" tab. Here, users can access crucial information, including the number of shares in the order, the order placement time, the order type (limit, market, or stop market), and the limit price level. This unique tool enables our users to anticipate all future actions of the robot and effectively utilize its signals for both monitoring and real trading.
The trading results of the robot are displayed without the use of margin. For comprehensive trading statistics and an equity chart, click on the "Show All Stats" button on the robot page. In the "Open Trades" tab, users can observe in real-time how the AI Robot selects equities, enters, and exits in paper trades. In the "Closed Trades" tab, users can review all previous trades executed 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 12.14.2023.
Summary (29 days)
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