Finaxion Research · META

Which strategy works on META?

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

Findings

On META, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is Only invest above the 200-day average: -1.4 points a year over buying and holding META. The worst is Kaufman's adaptive moving average (KAMA): -27.6 points a year against buy-and-hold.

On META, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
The best is Only invest above the 200-day average: -1.4 points a year over buying and holding META.
The worst is Kaufman’s adaptive moving average (KAMA): -27.6 points a year against buy-and-hold.

The 20 strategies, one by one

Strategy	Return	Buy and hold	Excess (pts/yr)	Vs. S&P 500 (pts/yr)	Out of sample	Trades
Only invest above the 200-day average	×13	×15	-1.4%	+4.3%	—	70
The golden cross (50/200)	×11	×15	-2.3%	+3.4%	—	16
Ichimoku: buy above the cloud	986.3%	×15	-2.7%	+3.0%	—	152
2-day RSI (the Connors rule)	911.1%	×15	-3.3%	+2.4%	—	334
Supertrend: the line that changes colour	657.9%	×15	-5.7%	+0.0%	—	30
“Sell in May and go away”	611.2%	×15	-6.2%	-0.5%	overfit	28
The Turtles: 55-day breakout	375.3%	×15	-9.4%	-3.7%	—	56
Stochastic: oversold cross (14, 3)	150.1%	×15	-14.3%	-8.6%	—	195
RSI 14: buy oversold (30/70)	129.3%	×15	-14.9%	-9.2%	—	29
Bounce off the lower Bollinger band	102.7%	×15	-15.8%	-10.2%	—	108
Wyckoff: buying the accumulation	50.4%	×15	-18.0%	-12.3%	—	72
The MACD cross (12/26/9)	39.1%	×15	-18.6%	-12.9%	—	295
ICT / Smart Money: the fair value gap	15.0%	×15	-19.9%	-14.2%	—	124
ADX: trade only in strong trends	10.9%	×15	-20.2%	-14.5%	—	455
ICT / Smart Money: the order block	-6.1%	×15	-21.4%	-15.7%	—	4
Heikin Ashi: follow the coloured candles	-10.9%	×15	-21.7%	-16.0%	—	935
Smart Money: the liquidity sweep	-30.6%	×15	-23.5%	-17.8%	—	44
Parabolic SAR: follow the dots	-35.6%	×15	-24.0%	-18.3%	—	324
Upper Bollinger band breakout	-47.5%	×15	-25.4%	-19.7%	—	242
Kaufman’s adaptive moving average (KAMA)	-62.8%	×15	-27.6%	-21.9%	—	563

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.