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Finaxion Research · MDLZ

Which strategy works on MDLZ?

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

Findings

On MDLZ, 0 of 20 famous strategies beat buy-and-hold on daily bars, and 0 of them hold out of sample. The best is RSI 14: buy oversold (30/70), at -1.4 points a year over buying and holding MDLZ. The worst is Heikin Ashi: follow the coloured candles, at -11.7 points a year against buy-and-hold.

  1. On MDLZ, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is RSI 14: buy oversold (30/70): -1.4 points a year over buying and holding MDLZ.
  3. The worst is Heikin Ashi: follow the coloured candles: -11.7 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
RSI 14: buy oversold (30/70)306.3%461.4%-1.4%-3.7%overfit46
“Sell in May and go away”259.6%461.4%-1.9%-4.2%50
Stochastic: oversold cross (14, 3)161.8%461.4%-3.2%-5.5%overfit364
Supertrend: the line that changes colour125.7%461.4%-3.8%-6.1%overfit35
Bounce off the lower Bollinger band118.3%461.4%-3.9%-6.3%overfit226
The MACD cross (12/26/9)58.3%461.4%-5.2%-7.6%overfit528
2-day RSI (the Connors rule)34.8%461.4%-5.9%-8.2%overfit571
The golden cross (50/200)29.9%461.4%-6.0%-8.4%overfit41
ICT / Smart Money: the order block3.5%461.4%-6.9%-9.3%overfit14
Wyckoff: buying the accumulation-5.5%461.4%-7.3%-9.7%overfit144
ICT / Smart Money: the fair value gap-6.5%461.4%-7.4%-9.7%overfit158
Smart Money: the liquidity sweep-15.6%461.4%-7.8%-10.1%overfit84
The Turtles: 55-day breakout-40.7%461.4%-9.1%-11.5%overfit113
Upper Bollinger band breakout-44.9%461.4%-9.4%-11.8%overfit358
Only invest above the 200-day average-45.2%461.4%-9.4%-11.8%overfit303
Parabolic SAR: follow the dots-45.7%461.4%-9.5%-11.8%overfit593
ADX: trade only in strong trends-47.6%461.4%-9.6%-11.9%overfit818
Ichimoku: buy above the cloud-56.4%461.4%-10.3%-12.7%overfit407
Kaufman’s adaptive moving average (KAMA)-60.8%461.4%-10.7%-13.1%overfit984
Heikin Ashi: follow the coloured candles-69.9%461.4%-11.7%-14.1%overfit1664

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