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Finaxion Research · AEE

Which strategy works on AEE?

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

Findings

On AEE, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is RSI 14: buy oversold (30/70): -1.0 points a year over buying and holding AEE. The worst is Heikin Ashi: follow the coloured candles: -11.4 points a year against buy-and-hold.

  1. On AEE, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is RSI 14: buy oversold (30/70): -1.0 points a year over buying and holding AEE.
  3. The worst is Heikin Ashi: follow the coloured candles: -11.4 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
RSI 14: buy oversold (30/70)598.2%813.9%-1.0%-2.3%overfit48
Wyckoff: buying the accumulation517.6%813.9%-1.5%-2.8%overfit139
Supertrend: the line that changes colour262.2%813.9%-3.4%-4.7%overfit33
The MACD cross (12/26/9)175.9%813.9%-4.4%-5.7%overfit562
The golden cross (50/200)167.8%813.9%-4.5%-5.8%overfit41
Stochastic: oversold cross (14, 3)167.1%813.9%-4.5%-5.8%overfit379
“Sell in May and go away”161.5%813.9%-4.6%-5.9%overfit57
Only invest above the 200-day average122.1%813.9%-5.2%-6.5%overfit270
Bounce off the lower Bollinger band65.1%813.9%-6.3%-7.5%overfit233
2-day RSI (the Connors rule)41.4%813.9%-6.8%-8.1%overfit660
Kaufman’s adaptive moving average (KAMA)7.9%813.9%-7.8%-9.0%overfit1032
ICT / Smart Money: the fair value gap1.5%813.9%-8.0%-9.3%overfit188
ICT / Smart Money: the order block-1.3%813.9%-8.1%-9.4%overfit16
Smart Money: the liquidity sweep-2.1%813.9%-8.1%-9.4%overfit100
Ichimoku: buy above the cloud-8.9%813.9%-8.4%-9.7%overfit438
Parabolic SAR: follow the dots-19.5%813.9%-8.8%-10.1%overfit684
ADX: trade only in strong trends-30.9%813.9%-9.3%-10.6%overfit956
Upper Bollinger band breakout-47.3%813.9%-10.2%-11.5%overfit452
The Turtles: 55-day breakout-47.3%813.9%-10.2%-11.5%overfit140
Heikin Ashi: follow the coloured candles-62.4%813.9%-11.4%-12.7%overfit1818

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