Alpha strategy by Niklaus
By Niklaus
Performance Metrics
- Author: Niklaus
- Symbol: NASDAQ:AAPL
- Timeframe: 1 day
- Net P&L: +94.94 USD (0.00%)
- Win Rate: 57.7%
- Profit Factor: 12.55
- Max Drawdown: 28.47 USD
- Total Trades: 26
Description
USE ON DAILY TIMEFRAME TO DETECT MOMO STOCKS & ETFs AND TRADE THEMThis Strategy goes long when Sharpe Ratio is > 1 and Alpha against the S&P500 is generated. It exits when conditions break away. Strategy can be adapted to run intraday, it however needs different (lower) trigger levels. examples to try this on: GER30, NAS100, JPN225, AAPL, IBB, TSLA, etc.