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Finaxion Research · EQIX

Which strategy works on EQIX?

On EQIX, 6 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.

Findings

On EQIX, 6 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is the Turtles: 55-day breakout: +6.3 points a year over buying and holding EQIX. The worst is Supertrend: the line that changes colour: -11.9 points a year against buy-and-hold.

  1. On EQIX, 6 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is the Turtles: 55-day breakout: +6.3 points a year over buying and holding EQIX.
  3. The worst is Supertrend: the line that changes colour: -11.9 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
The Turtles: 55-day breakout×15240.5%+6.3%+2.6%overfit100
Wyckoff: buying the accumulation×15240.5%+6.1%+2.5%overfit172
Ichimoku: buy above the cloud×15240.5%+6.0%+2.4%overfit353
Only invest above the 200-day average×11240.5%+5.0%+1.3%overfit193
The golden cross (50/200)831.2%240.5%+4.1%+0.5%overfit33
Heikin Ashi: follow the coloured candles688.3%240.5%+3.5%-0.2%overfit1695
Kaufman’s adaptive moving average (KAMA)207.2%240.5%-0.4%-4.0%overfit913
Bounce off the lower Bollinger band193.8%240.5%-0.6%-4.2%overfit212
The MACD cross (12/26/9)110.0%240.5%-1.9%-5.5%partly509
Upper Bollinger band breakout78.1%240.5%-2.6%-6.2%overfit414
ADX: trade only in strong trends54.4%240.5%-3.1%-6.8%overfit819
“Sell in May and go away”38.1%240.5%-3.6%-7.2%overfit52
Stochastic: oversold cross (14, 3)1.2%240.5%-4.8%-8.4%overfit346
ICT / Smart Money: the order block-3.2%240.5%-4.9%-8.6%6
Smart Money: the liquidity sweep-9.2%240.5%-5.2%-8.8%overfit84
Parabolic SAR: follow the dots-11.1%240.5%-5.3%-8.9%overfit585
RSI 14: buy oversold (30/70)-27.0%240.5%-6.0%-9.6%overfit54
ICT / Smart Money: the fair value gap-37.8%240.5%-6.6%-10.2%overfit221
2-day RSI (the Connors rule)-83.5%240.5%-11.5%-15.1%overfit612
Supertrend: the line that changes colour-85.3%240.5%-11.9%-15.6%overfit31

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