FINAXIONResearch
Finaxion Research · TEL

Which strategy works on TEL?

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

Findings

On TEL, 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: -2.2 points a year over buying and holding TEL. The worst is 2-day RSI (the Connors rule): -13.6 points a year against buy-and-hold.

  1. On TEL, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is Only invest above the 200-day average: -2.2 points a year over buying and holding TEL.
  3. The worst is 2-day RSI (the Connors rule): -13.6 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
Only invest above the 200-day average427.9%671.1%-2.2%-1.7%—126
“Sell in May and go away”367.6%671.1%-2.9%-2.4%overfit38
Ichimoku: buy above the cloud160.8%671.1%-6.1%-5.7%—262
The MACD cross (12/26/9)138.4%671.1%-6.6%-6.2%—386
Stochastic: oversold cross (14, 3)118.6%671.1%-7.1%-6.6%—285
The golden cross (50/200)109.1%671.1%-7.3%-6.9%—34
Supertrend: the line that changes colour108.2%671.1%-7.3%-6.9%—38
RSI 14: buy oversold (30/70)90.8%671.1%-7.8%-7.3%—32
Parabolic SAR: follow the dots30.0%671.1%-9.8%-9.4%—436
Heikin Ashi: follow the coloured candles23.9%671.1%-10.1%-9.7%—1236
Wyckoff: buying the accumulation18.5%671.1%-10.3%-9.9%—89
Kaufman’s adaptive moving average (KAMA)18.0%671.1%-10.3%-9.9%—732
The Turtles: 55-day breakout12.4%671.1%-10.6%-10.2%—82
Smart Money: the liquidity sweep2.3%671.1%-11.1%-10.7%—70
ICT / Smart Money: the order block-0.9%671.1%-11.3%-10.8%—12
Bounce off the lower Bollinger band-8.5%671.1%-11.7%-11.2%—142
Upper Bollinger band breakout-8.6%671.1%-11.7%-11.2%—282
ADX: trade only in strong trends-9.7%671.1%-11.7%-11.3%—668
ICT / Smart Money: the fair value gap-11.2%671.1%-11.8%-11.4%—134
2-day RSI (the Connors rule)-36.7%671.1%-13.6%-13.1%—432

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