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Finaxion Research · ACN

Which strategy works on ACN?

On ACN, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.

Findings

On ACN, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is Wyckoff: buying the accumulation: -3.9 points a year over buying and holding ACN. The worst is Heikin Ashi: follow the coloured candles: -16.0 points a year against buy-and-hold.

  1. On ACN, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is Wyckoff: buying the accumulation: -3.9 points a year over buying and holding ACN.
  3. The worst is Heikin Ashi: follow the coloured candles: -16.0 points a year against buy-and-hold.

The 20 strategies, one by one

StrategyReturnBuy and holdExcess (pts/yr)Vs. S&P 500 (pts/yr)Out of sampleTrades
Wyckoff: buying the accumulation644.4%×18-3.9%-1.2%overfit110
The golden cross (50/200)412.3%×18-5.5%-2.8%overfit36
Ichimoku: buy above the cloud398.4%×18-5.6%-2.9%overfit285
Supertrend: the line that changes colour393.5%×18-5.7%-3.0%overfit37
ADX: trade only in strong trends239.1%×18-7.3%-4.5%overfit793
Only invest above the 200-day average220.1%×18-7.5%-4.8%overfit214
“Sell in May and go away”200.2%×18-7.8%-5.1%overfit50
Stochastic: oversold cross (14, 3)136.0%×18-8.8%-6.0%overfit346
RSI 14: buy oversold (30/70)136.0%×18-8.8%-6.0%overfit40
The MACD cross (12/26/9)106.0%×18-9.3%-6.6%overfit509
Kaufman’s adaptive moving average (KAMA)105.8%×18-9.3%-6.6%overfit861
2-day RSI (the Connors rule)100.6%×18-9.4%-6.7%overfit574
Parabolic SAR: follow the dots87.4%×18-9.7%-7.0%overfit559
The Turtles: 55-day breakout57.5%×18-10.4%-7.7%overfit112
Bounce off the lower Bollinger band14.8%×18-11.7%-9.0%overfit196
ICT / Smart Money: the fair value gap4.3%×18-12.1%-9.4%overfit180
ICT / Smart Money: the order block0.5%×18-12.2%-9.5%12
Smart Money: the liquidity sweep-6.0%×18-12.5%-9.8%overfit70
Upper Bollinger band breakout-49.1%×18-14.9%-12.2%overfit426
Heikin Ashi: follow the coloured candles-61.4%×18-16.0%-13.3%overfit1751

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