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Finaxion Research · INTU

Which strategy works on INTU?

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

Findings

On INTU, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is Stochastic: oversold cross (14, 3): -7.2 points a year over buying and holding INTU. The worst is Heikin Ashi: follow the coloured candles: -21.3 points a year against buy-and-hold.

  1. On INTU, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is Stochastic: oversold cross (14, 3): -7.2 points a year over buying and holding INTU.
  3. The worst is Heikin Ashi: follow the coloured candles: -21.3 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
Stochastic: oversold cross (14, 3)×18×155-7.2%-1.7%overfit464
The golden cross (50/200)×14×155-8.1%-2.7%overfit44
Wyckoff: buying the accumulation×12×155-8.6%-3.2%partly182
RSI 14: buy oversold (30/70)648.1%×155-10.1%-4.6%partly48
Only invest above the 200-day average601.0%×155-10.3%-4.8%partly264
Supertrend: the line that changes colour476.3%×155-10.9%-5.4%overfit50
2-day RSI (the Connors rule)366.6%×155-11.6%-6.1%overfit760
The MACD cross (12/26/9)229.3%×155-12.6%-7.2%overfit700
Parabolic SAR: follow the dots158.5%×155-13.4%-7.9%overfit760
Ichimoku: buy above the cloud152.2%×155-13.5%-8.0%overfit451
Bounce off the lower Bollinger band136.2%×155-13.7%-8.2%overfit268
The Turtles: 55-day breakout66.0%×155-14.7%-9.3%overfit147
ICT / Smart Money: the order block2.8%×155-16.2%-10.7%12
Kaufman’s adaptive moving average (KAMA)-1.7%×155-16.3%-10.8%overfit1263
Smart Money: the liquidity sweep-3.0%×155-16.4%-10.9%overfit130
Upper Bollinger band breakout-6.0%×155-16.4%-11.0%overfit544
“Sell in May and go away”-10.7%×155-16.6%-11.1%overfit67
ADX: trade only in strong trends-15.0%×155-16.8%-11.3%partly1122
ICT / Smart Money: the fair value gap-18.8%×155-16.9%-11.4%overfit232
Heikin Ashi: follow the coloured candles-82.1%×155-21.3%-15.8%overfit2201

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