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Finaxion Research · FFIV

Which strategy works on FFIV?

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

Findings

On FFIV, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is Wyckoff: buying the accumulation: -5.0 points a year over buying and holding FFIV. The worst is Upper Bollinger band breakout: -22.0 points a year against buy-and-hold.

  1. On FFIV, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is Wyckoff: buying the accumulation: -5.0 points a year over buying and holding FFIV.
  3. The worst is Upper Bollinger band breakout: -22.0 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
Wyckoff: buying the accumulation×16×55-5.0%+2.3%partly157
ADX: trade only in strong trends×13×55-5.8%+1.5%overfit857
Only invest above the 200-day average×13×55-5.9%+1.4%overfit169
Supertrend: the line that changes colour×11×55-6.6%+0.7%partly45
The Turtles: 55-day breakout940.2%×55-6.8%+0.5%overfit103
Kaufman’s adaptive moving average (KAMA)732.4%×55-7.7%-0.4%partly913
Ichimoku: buy above the cloud489.2%×55-9.1%-1.8%overfit319
The MACD cross (12/26/9)423.2%×55-9.5%-2.2%overfit559
The golden cross (50/200)249.0%×55-11.1%-3.8%overfit39
Parabolic SAR: follow the dots206.3%×55-11.6%-4.3%partly599
2-day RSI (the Connors rule)122.8%×55-12.8%-5.5%overfit630
ICT / Smart Money: the fair value gap15.9%×55-15.3%-8.0%overfit210
ICT / Smart Money: the order block2.5%×55-15.7%-8.4%2
RSI 14: buy oversold (30/70)-9.3%×55-16.2%-8.9%overfit46
Stochastic: oversold cross (14, 3)-35.5%×55-17.4%-10.1%overfit371
Smart Money: the liquidity sweep-40.6%×55-17.7%-10.4%overfit56
Heikin Ashi: follow the coloured candles-44.2%×55-17.9%-10.6%overfit1803
Bounce off the lower Bollinger band-54.0%×55-18.6%-11.3%overfit206
“Sell in May and go away”-67.2%×55-19.8%-12.5%overfit54
Upper Bollinger band breakout-82.3%×55-22.0%-14.7%overfit454

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