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Finaxion Research · BLDR

Which strategy works on BLDR?

On BLDR, 3 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.

Findings

On BLDR, 3 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is "Sell in May and go away": +8.7 points a year over buying and holding BLDR. The worst is Kaufman's adaptive moving average (KAMA): -14.8 points a year against buy-and-hold.

  1. On BLDR, 3 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is “Sell in May and go away”: +8.7 points a year over buying and holding BLDR.
  3. The worst is Kaufman’s adaptive moving average (KAMA): -14.8 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
“Sell in May and go away”×26393.7%+8.7%+5.4%42
Ichimoku: buy above the cloud776.1%393.7%+3.0%-0.3%overfit220
Supertrend: the line that changes colour420.6%393.7%+0.3%-3.0%overfit24
The golden cross (50/200)282.8%393.7%-1.3%-4.6%overfit30
Stochastic: oversold cross (14, 3)120.7%393.7%-4.0%-7.3%overfit288
The Turtles: 55-day breakout94.3%393.7%-4.6%-8.0%overfit76
Parabolic SAR: follow the dots91.3%393.7%-4.7%-8.0%overfit460
The MACD cross (12/26/9)85.6%393.7%-4.9%-8.2%overfit430
2-day RSI (the Connors rule)83.7%393.7%-4.9%-8.2%overfit523
Wyckoff: buying the accumulation59.0%393.7%-5.6%-8.9%overfit147
Only invest above the 200-day average44.0%393.7%-6.1%-9.4%overfit214
Bounce off the lower Bollinger band27.3%393.7%-6.7%-10.0%overfit166
ICT / Smart Money: the fair value gap22.6%393.7%-6.9%-10.2%overfit136
ICT / Smart Money: the order block-0.4%393.7%-7.9%-11.2%2
ADX: trade only in strong trends-6.0%393.7%-8.1%-11.4%overfit670
Upper Bollinger band breakout-31.9%393.7%-9.6%-13.0%overfit354
RSI 14: buy oversold (30/70)-38.0%393.7%-10.1%-13.4%overfit31
Smart Money: the liquidity sweep-47.0%393.7%-10.8%-14.1%overfit98
Heikin Ashi: follow the coloured candles-62.8%393.7%-12.4%-15.7%overfit1382
Kaufman’s adaptive moving average (KAMA)-78.5%393.7%-14.8%-18.2%overfit816

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