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Finaxion Research · TSCO

Which strategy works on TSCO?

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

Findings

On TSCO, 0 of 20 famous strategies beat buy-and-hold on daily bars, and 0 of them hold out of sample. The best is "Sell in May and go away" at -4.3 points a year over buying and holding TSCO, while the worst is ICT / Smart Money: the order block at -16.8 points a year against buy-and-hold.

  1. On TSCO, 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”: -4.3 points a year over buying and holding TSCO.
  3. The worst is ICT / Smart Money: the order block: -16.8 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”×45×153-4.3%+1.5%65
Supertrend: the line that changes colour×40×153-4.7%+1.1%overfit44
Only invest above the 200-day average×28×153-5.9%-0.1%overfit224
The Turtles: 55-day breakout×17×153-7.6%-1.8%partly113
Wyckoff: buying the accumulation×15×153-8.0%-2.2%overfit233
The golden cross (50/200)×11×153-8.9%-3.1%overfit46
Ichimoku: buy above the cloud×11×153-9.0%-3.2%overfit403
The MACD cross (12/26/9)650.5%×153-10.3%-4.5%overfit666
Stochastic: oversold cross (14, 3)381.6%×153-11.8%-6.0%overfit448
Kaufman’s adaptive moving average (KAMA)374.8%×153-11.8%-6.0%overfit1216
Parabolic SAR: follow the dots195.3%×153-13.3%-7.5%overfit712
RSI 14: buy oversold (30/70)195.6%×153-13.3%-7.5%overfit48
ADX: trade only in strong trends181.0%×153-13.5%-7.7%partly973
Upper Bollinger band breakout158.0%×153-13.8%-8.0%overfit456
Bounce off the lower Bollinger band148.5%×153-13.9%-8.1%overfit262
2-day RSI (the Connors rule)146.5%×153-13.9%-8.1%overfit766
Heikin Ashi: follow the coloured candles26.7%×153-16.0%-10.2%overfit2250
Smart Money: the liquidity sweep2.4%×153-16.7%-10.8%overfit114
ICT / Smart Money: the fair value gap2.2%×153-16.7%-10.8%overfit226
ICT / Smart Money: the order block-1.0%×153-16.8%-10.9%6

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