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Finaxion Research · O

Which strategy works on O?

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

Findings

On O, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is "Sell in May and go away": -5.1 points a year over buying and holding O. The worst is Heikin Ashi: follow the coloured candles: -18.1 points a year against buy-and-hold.

  1. On O, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is “Sell in May and go away”: -5.1 points a year over buying and holding O.
  3. The worst is Heikin Ashi: follow the coloured candles: -18.1 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
“Sell in May and go away”×13×55-5.1%-2.8%overfit64
RSI 14: buy oversold (30/70)943.7%×55-5.7%-3.4%overfit51
Stochastic: oversold cross (14, 3)792.3%×55-6.3%-4.0%partly435
The golden cross (50/200)703.4%×55-6.6%-4.3%partly39
2-day RSI (the Connors rule)323.1%×55-8.7%-6.5%overfit677
The MACD cross (12/26/9)300.2%×55-8.9%-6.6%partly654
Bounce off the lower Bollinger band238.5%×55-9.5%-7.2%overfit246
Supertrend: the line that changes colour177.7%×55-10.1%-7.8%partly40
The Turtles: 55-day breakout174.4%×55-10.2%-7.9%overfit132
Only invest above the 200-day average171.0%×55-10.2%-7.9%overfit295
Parabolic SAR: follow the dots155.4%×55-10.4%-8.1%overfit734
Wyckoff: buying the accumulation124.1%×55-10.8%-8.5%overfit140
Kaufman’s adaptive moving average (KAMA)18.8%×55-12.8%-10.5%overfit1098
Ichimoku: buy above the cloud2.9%×55-13.3%-11.0%overfit514
ICT / Smart Money: the order block-6.6%×55-13.6%-11.3%overfit34
Smart Money: the liquidity sweep-10.0%×55-13.7%-11.4%overfit80
ADX: trade only in strong trends-10.8%×55-13.7%-11.5%overfit1030
ICT / Smart Money: the fair value gap-27.8%×55-14.4%-12.1%overfit232
Upper Bollinger band breakout-58.6%×55-16.1%-13.8%overfit556
Heikin Ashi: follow the coloured candles-78.8%×55-18.1%-15.8%overfit2116

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.