FINAXIONResearch
Finaxion Research · FIX

Which strategy works on FIX?

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

Findings

On FIX, 0 of 20 famous strategies beat buy-and-hold on daily bars, and 0 of them hold out of sample. The best is Supertrend: the line that changes colour, at -4.9 points a year over buying and holding FIX. The worst is Heikin Ashi: follow the coloured candles, at -24.3 points a year against buy-and-hold.

  1. On FIX, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is Supertrend: the line that changes colour: -4.9 points a year over buying and holding FIX.
  3. The worst is Heikin Ashi: follow the coloured candles: -24.3 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
Supertrend: the line that changes colour×35×121-4.9%+3.4%overfit57
“Sell in May and go away”×21×121-6.8%+1.5%overfit58
Only invest above the 200-day average×19×121-7.3%+1.1%overfit203
The MACD cross (12/26/9)×16×121-7.8%+0.6%overfit550
The golden cross (50/200)×15×121-8.0%+0.3%overfit43
Parabolic SAR: follow the dots×11×121-9.2%-0.8%overfit646
Ichimoku: buy above the cloud726.7%×121-10.3%-2.0%overfit400
RSI 14: buy oversold (30/70)574.9%×121-11.1%-2.7%overfit54
Wyckoff: buying the accumulation459.0%×121-11.8%-3.4%overfit189
2-day RSI (the Connors rule)269.5%×121-13.3%-4.9%overfit671
Stochastic: oversold cross (14, 3)225.9%×121-13.7%-5.4%overfit393
The Turtles: 55-day breakout207.9%×121-13.9%-5.6%overfit120
ADX: trade only in strong trends103.1%×121-15.4%-7.1%partly922
Kaufman’s adaptive moving average (KAMA)54.0%×121-16.4%-8.0%overfit1052
Bounce off the lower Bollinger band36.2%×121-16.8%-8.5%overfit228
Smart Money: the liquidity sweep22.9%×121-17.1%-8.8%overfit98
ICT / Smart Money: the order block-9.9%×121-18.2%-9.9%overfit16
ICT / Smart Money: the fair value gap-16.4%×121-18.5%-10.1%overfit222
Upper Bollinger band breakout-50.4%×121-20.2%-11.9%overfit460
Heikin Ashi: follow the coloured candles-85.8%×121-24.3%-16.0%overfit1977

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.