On GS, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
On GS, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is RSI 14: buy oversold (30/70): -0.9 points a year over buying and holding GS. The worst is Upper Bollinger band breakout: -14.9 points a year against buy-and-hold.
| Strategy | Return | Buy and hold | Excess (pts/yr) | Vs. S&P 500 (pts/yr) | Out of sample | Trades |
|---|---|---|---|---|---|---|
| RSI 14: buy oversold (30/70) | ×17 | ×21 | -0.9% | +2.5% | overfit | 54 |
| 2-day RSI (the Connors rule) | ×13 | ×21 | -2.1% | +1.3% | overfit | 668 |
| Only invest above the 200-day average | 672.3% | ×21 | -4.1% | -0.7% | overfit | 181 |
| Ichimoku: buy above the cloud | 486.1% | ×21 | -5.1% | -1.8% | overfit | 342 |
| “Sell in May and go away” | 427.4% | ×21 | -5.6% | -2.2% | overfit | 54 |
| The Turtles: 55-day breakout | 363.2% | ×21 | -6.1% | -2.7% | overfit | 120 |
| The golden cross (50/200) | 313.6% | ×21 | -6.5% | -3.1% | overfit | 41 |
| ADX: trade only in strong trends | 306.3% | ×21 | -6.6% | -3.2% | partly | 919 |
| Supertrend: the line that changes colour | 283.9% | ×21 | -6.8% | -3.4% | overfit | 49 |
| Bounce off the lower Bollinger band | 152.6% | ×21 | -8.4% | -5.0% | overfit | 244 |
| Kaufman’s adaptive moving average (KAMA) | 151.1% | ×21 | -8.4% | -5.0% | overfit | 954 |
| Stochastic: oversold cross (14, 3) | 101.6% | ×21 | -9.2% | -5.9% | overfit | 382 |
| Parabolic SAR: follow the dots | 86.8% | ×21 | -9.5% | -6.2% | overfit | 627 |
| Wyckoff: buying the accumulation | 33.3% | ×21 | -10.8% | -7.4% | overfit | 146 |
| ICT / Smart Money: the order block | -3.4% | ×21 | -12.0% | -8.6% | — | 8 |
| The MACD cross (12/26/9) | -6.6% | ×21 | -12.1% | -8.7% | overfit | 563 |
| Smart Money: the liquidity sweep | -16.8% | ×21 | -12.5% | -9.1% | overfit | 106 |
| ICT / Smart Money: the fair value gap | -23.3% | ×21 | -12.8% | -9.4% | overfit | 216 |
| Heikin Ashi: follow the coloured candles | -51.4% | ×21 | -14.4% | -11.1% | overfit | 1816 |
| Upper Bollinger band breakout | -56.7% | ×21 | -14.9% | -11.5% | overfit | 434 |
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.