Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)
Description:
This AI Robot is for active day traders who trade stocks with stop losses and exit positions if they become unprofitable.
To select stocks, the robot uses a proprietary method which assesses the strength and quality of the momentum of the most active stocks in the US stock market with medium volatility. A complex algorithm consisting of a pool of technical indicators processed using neural networks determines the entry points to the position. The algorithm pays special attention to the analysis of the general direction of movement of stocks used by the robot, due to which the key points of changing market dynamics are not left without attention.
The maximum number of open trades at one time is 54, which allows our users to use their capital as efficiently as possible and not stay in the cash for a long time. At the same time, the average duration of a trade is 1 day, so you can quickly respond to changes in market dynamics and close position at the right time.
After entering the trade, the AI Robot places a fixed order "Take profit" at the level of 4% of the position opening price. To exit a position, the robot uses 2 options: a fixed stop loss of 2% of the position opening price and a flexible trailing stop that allows you to save most of the profit if the market reverses.
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 the AI Robot selects equities, 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 01.18.2023.
Summary (38 days)
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