FINAXIONResearch
Finaxion Research · CFG

Which strategy works on CFG?

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

Findings

On CFG, 0 of 20 famous strategies beat buy-and-hold on daily bars, and 0 of them hold out of sample. The best is Only invest above the 200-day average, at -2.0 points a year over buying and holding CFG, while the worst is Bounce off the lower Bollinger band, at -15.0 points a year against buy-and-hold.

  1. On CFG, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is Only invest above the 200-day average: -2.0 points a year over buying and holding CFG.
  3. The worst is Bounce off the lower Bollinger band: -15.0 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
Only invest above the 200-day average263.0%349.9%-2.0%-2.4%—63
Supertrend: the line that changes colour134.8%349.9%-6.0%-6.4%—17
The Turtles: 55-day breakout128.5%349.9%-6.2%-6.6%—46
“Sell in May and go away”97.7%349.9%-7.6%-7.9%overfit24
Ichimoku: buy above the cloud95.5%349.9%-7.6%-8.0%—152
Wyckoff: buying the accumulation93.3%349.9%-7.7%-8.1%—60
ADX: trade only in strong trends69.0%349.9%-8.9%-9.3%—394
The MACD cross (12/26/9)54.0%349.9%-9.7%-10.1%—248
2-day RSI (the Connors rule)52.5%349.9%-9.8%-10.2%—272
RSI 14: buy oversold (30/70)27.7%349.9%-11.4%-11.7%—18
Stochastic: oversold cross (14, 3)25.7%349.9%-11.5%-11.9%—163
Heikin Ashi: follow the coloured candles20.0%349.9%-11.9%-12.3%—786
Parabolic SAR: follow the dots9.3%349.9%-12.7%-13.1%—270
ICT / Smart Money: the fair value gap3.5%349.9%-13.1%-13.5%—74
Smart Money: the liquidity sweep2.8%349.9%-13.2%-13.6%—30
ICT / Smart Money: the order block1.8%349.9%-13.3%-13.7%—8
The golden cross (50/200)-1.5%349.9%-13.6%-13.9%—19
Upper Bollinger band breakout-3.4%349.9%-13.7%-14.1%—186
Kaufman’s adaptive moving average (KAMA)-8.5%349.9%-14.2%-14.5%—428
Bounce off the lower Bollinger band-16.9%349.9%-15.0%-15.3%—99

Finaxion is an analysis tool, not an investment adviser. This page is not a recommendation. Past performance does not guarantee future results. Prices and series: market data. Computations: Finaxion engine.