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Finaxion Research · NRG

Which strategy works on NRG?

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

Findings

On NRG, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is Supertrend: the line that changes colour: -0.3 points a year over buying and holding NRG. The worst is Upper Bollinger band breakout: -14.2 points a year against buy-and-hold.

  1. On NRG, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is Supertrend: the line that changes colour: -0.3 points a year over buying and holding NRG.
  3. The worst is Upper Bollinger band breakout: -14.2 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
Supertrend: the line that changes colour×14×15-0.3%+1.4%partly38
The golden cross (50/200)887.7%×15-2.2%-0.4%overfit30
Only invest above the 200-day average765.8%×15-2.8%-1.1%partly170
“Sell in May and go away”681.3%×15-3.3%-1.6%overfit45
Wyckoff: buying the accumulation383.3%×15-5.6%-3.9%overfit140
Ichimoku: buy above the cloud272.0%×15-6.8%-5.1%overfit282
RSI 14: buy oversold (30/70)252.0%×15-7.1%-5.3%overfit55
The Turtles: 55-day breakout234.6%×15-7.3%-5.6%overfit92
The MACD cross (12/26/9)190.7%×15-8.0%-6.2%overfit434
Stochastic: oversold cross (14, 3)179.7%×15-8.1%-6.4%overfit303
Parabolic SAR: follow the dots172.6%×15-8.3%-6.5%overfit500
ADX: trade only in strong trends138.3%×15-8.9%-7.1%overfit728
Bounce off the lower Bollinger band73.2%×15-10.3%-8.6%overfit177
Kaufman’s adaptive moving average (KAMA)65.9%×15-10.5%-8.8%overfit862
2-day RSI (the Connors rule)42.7%×15-11.2%-9.5%overfit508
ICT / Smart Money: the fair value gap0.5%×15-12.8%-11.0%overfit134
ICT / Smart Money: the order block-3.5%×15-12.9%-11.2%8
Smart Money: the liquidity sweep-7.2%×15-13.1%-11.4%overfit68
Heikin Ashi: follow the coloured candles-19.6%×15-13.7%-12.0%overfit1471
Upper Bollinger band breakout-27.9%×15-14.2%-12.5%overfit370

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