Backtest Report: Raw Advancers and Decliners Indicator

Many of you have asked for this, and I apologize for it taking so long. Once you digest the report you will see that it is not something I purposely meant to keep hidden!

The Raw Advancers and Decliners Indicator is proprietary, but it could easily be re-created as I have posted all of the specifics of how it is created.

Here are rules:

  • Buy signal is generated for the next open after the decliners exceed the upper Bollinger Band.
  • Sell signal is generated for the close when the decliners close beneath the lower Bollinger Band.

This report used [[SPY]] as a trading vehicle but it also works well with other ETFs such as [[QQQQ]] . You can see a nightly update of this indicator here on my blog. In real-time trading, the system is out-performing  expectations based on the historical backtesting. I do not expect this significant out-performance to continue forever.

Backtest Report:

All of the more relevant metrics are in bold type above.

Equity Curve:

Historical Profit Table:

Backtest Report: Raw Advancers and Decliners Indicator

Many of you have asked for this, and I apologize for it taking so long. Once you digest the report you will see that it is not something I purposely meant to keep hidden!

The Raw Advancers and Decliners Indicator is proprietary, but it could easily be re-created as I have posted all of the specifics of how it is created.

Here are rules:

  • Buy signal is generated for the next open after the decliners exceed the upper Bollinger Band.
  • Sell signal is generated for the close when the decliners close beneath the lower Bollinger Band.

This report used [[SPY]] as a trading vehicle but it also works well with other ETFs such as [[QQQQ]] . You can see a nightly update of this indicator here on my blog. In real-time trading, the system is out-performing  expectations based on the historical backtesting. I do not expect this significant out-performance to continue forever.

Backtest Report:

All of the more relevant metrics are in bold type above.

Equity Curve:

Historical Profit Table: