On ZBH, 1 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
On ZBH, 1 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": +2.8 points a year over buying and holding ZBH. The worst is Heikin Ashi: follow the coloured candles: -13.7 points a year against buy-and-hold.
| Strategy | Return | Buy and hold | Excess (pts/yr) | Vs. S&P 500 (pts/yr) | Out of sample | Trades |
|---|---|---|---|---|---|---|
| “Sell in May and go away” | 663.8% | 292.2% | +2.8% | -1.2% | — | 50 |
| Stochastic: oversold cross (14, 3) | 166.6% | 292.2% | -1.6% | -5.7% | overfit | 344 |
| Wyckoff: buying the accumulation | 125.2% | 292.2% | -2.3% | -6.4% | overfit | 154 |
| RSI 14: buy oversold (30/70) | 69.2% | 292.2% | -3.5% | -7.5% | overfit | 49 |
| Bounce off the lower Bollinger band | 61.9% | 292.2% | -3.7% | -7.7% | overfit | 214 |
| The Turtles: 55-day breakout | 57.0% | 292.2% | -3.8% | -7.8% | overfit | 91 |
| The golden cross (50/200) | 43.1% | 292.2% | -4.2% | -8.2% | overfit | 35 |
| Smart Money: the liquidity sweep | 32.0% | 292.2% | -4.5% | -8.5% | overfit | 84 |
| Supertrend: the line that changes colour | 15.6% | 292.2% | -5.0% | -9.1% | overfit | 42 |
| Only invest above the 200-day average | 14.7% | 292.2% | -5.0% | -9.1% | overfit | 213 |
| ICT / Smart Money: the fair value gap | 5.8% | 292.2% | -5.4% | -9.4% | overfit | 194 |
| ICT / Smart Money: the order block | -1.5% | 292.2% | -5.7% | -9.7% | — | 12 |
| 2-day RSI (the Connors rule) | -1.7% | 292.2% | -5.7% | -9.7% | overfit | 584 |
| Ichimoku: buy above the cloud | -7.3% | 292.2% | -5.9% | -10.0% | overfit | 343 |
| Kaufman’s adaptive moving average (KAMA) | -14.7% | 292.2% | -6.2% | -10.3% | overfit | 861 |
| Parabolic SAR: follow the dots | -21.2% | 292.2% | -6.5% | -10.6% | overfit | 547 |
| ADX: trade only in strong trends | -27.6% | 292.2% | -6.9% | -10.9% | overfit | 799 |
| The MACD cross (12/26/9) | -55.3% | 292.2% | -8.8% | -12.8% | overfit | 512 |
| Upper Bollinger band breakout | -59.1% | 292.2% | -9.1% | -13.2% | overfit | 400 |
| Heikin Ashi: follow the coloured candles | -88.0% | 292.2% | -13.7% | -17.8% | overfit | 1666 |
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