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Finaxion Research · EXPE

Which strategy works on EXPE?

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

Findings

On EXPE, 0 of 20 famous strategies beat buy-and-hold on daily bars, and 0 of them hold out of sample. The best is Bounce off the lower Bollinger band: -1.3 points a year over buying and holding EXPE. The worst is ICT / Smart Money: the fair value gap: -14.9 points a year against buy-and-hold.

  1. On EXPE, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is Bounce off the lower Bollinger band: -1.3 points a year over buying and holding EXPE.
  3. The worst is ICT / Smart Money: the fair value gap: -14.9 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
Bounce off the lower Bollinger band695.2%916.1%-1.3%-0.7%overfit182
RSI 14: buy oversold (30/70)600.0%916.1%-1.9%-1.4%overfit52
Stochastic: oversold cross (14, 3)380.1%916.1%-3.9%-3.4%overfit294
Wyckoff: buying the accumulation251.5%916.1%-5.5%-4.9%overfit132
Supertrend: the line that changes colour247.7%916.1%-5.5%-5.0%overfit41
The Turtles: 55-day breakout245.0%916.1%-5.6%-5.0%overfit81
The MACD cross (12/26/9)211.4%916.1%-6.1%-5.5%overfit404
“Sell in May and go away”186.2%916.1%-6.5%-6.0%overfit42
2-day RSI (the Connors rule)179.3%916.1%-6.6%-6.1%overfit506
Only invest above the 200-day average51.3%916.1%-9.6%-9.1%overfit155
Ichimoku: buy above the cloud50.5%916.1%-9.6%-9.1%overfit263
The golden cross (50/200)42.7%916.1%-9.9%-9.4%overfit37
Heikin Ashi: follow the coloured candles35.5%916.1%-10.2%-9.6%overfit1388
Parabolic SAR: follow the dots17.1%916.1%-10.9%-10.3%overfit458
Kaufman’s adaptive moving average (KAMA)4.3%916.1%-11.4%-10.9%overfit749
ICT / Smart Money: the order block0.5%916.1%-11.6%-11.1%4
Smart Money: the liquidity sweep-18.1%916.1%-12.5%-12.0%overfit66
ADX: trade only in strong trends-30.5%916.1%-13.3%-12.8%overfit680
Upper Bollinger band breakout-39.0%916.1%-13.9%-13.4%overfit322
ICT / Smart Money: the fair value gap-50.3%916.1%-14.9%-14.3%overfit166

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