Finaxion Research · NOW

Which strategy works on NOW?

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

Findings

On NOW, 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: -13.0 points a year over buying and holding NOW. The worst is Heikin Ashi: follow the coloured candles: -30.3 points a year against buy-and-hold.

On NOW, 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: -13.0 points a year over buying and holding NOW.
The worst is Heikin Ashi: follow the coloured candles: -30.3 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	547.7%	×30	-13.0%	-0.8%	—	115
Stochastic: oversold cross (14, 3)	525.1%	×30	-13.3%	-1.1%	—	196
2-day RSI (the Connors rule)	434.0%	×30	-14.6%	-2.4%	—	314
The golden cross (50/200)	422.4%	×30	-14.7%	-2.5%	—	18
Supertrend: the line that changes colour	322.8%	×30	-16.4%	-4.2%	—	19
Ichimoku: buy above the cloud	233.0%	×30	-18.3%	-6.0%	—	181
RSI 14: buy oversold (30/70)	158.1%	×30	-20.2%	-8.0%	—	22
The MACD cross (12/26/9)	128.2%	×30	-21.1%	-8.9%	—	287
Bounce off the lower Bollinger band	66.2%	×30	-23.5%	-11.3%	—	110
Wyckoff: buying the accumulation	66.0%	×30	-23.5%	-11.3%	—	81
“Sell in May and go away”	53.4%	×30	-24.1%	-11.9%	overfit	28
Upper Bollinger band breakout	19.9%	×30	-25.9%	-13.6%	—	219
ICT / Smart Money: the order block	5.3%	×30	-26.8%	-14.6%	—	4
ICT / Smart Money: the fair value gap	2.7%	×30	-27.0%	-14.7%	—	100
ADX: trade only in strong trends	0.5%	×30	-27.1%	-14.9%	—	497
Kaufman’s adaptive moving average (KAMA)	-6.5%	×30	-27.6%	-15.4%	—	545
Smart Money: the liquidity sweep	-15.2%	×30	-28.3%	-16.1%	—	42
The Turtles: 55-day breakout	-19.9%	×30	-28.7%	-16.5%	—	67
Parabolic SAR: follow the dots	-30.8%	×30	-29.7%	-17.5%	—	327
Heikin Ashi: follow the coloured candles	-36.1%	×30	-30.3%	-18.1%	—	945

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.