Automated Trading strategies work, just not all the time. The goal is to have a basket of different strategies that will work in specific market conditions. For example, a bearish trend strategy might not perform as well as a bullish trend strategy when the markets are bullish. Use these free automated trading strategies help your trading. You heard that right, completely free!
Understanding the strategies used
If you follow any of my Automation Recaps, you’ll see that I’ve listed a number of different strategies that I trade on a daily basis. Not all of my automated trading strategies are currently active, and some of them haven’t taken a trade in a long time. This is because the current market conditions have changed from when they were once active. My S Curvenator, for example, was fantastic mid to late 2018, but since 2019, the markets have become a little more choppy and that particular strategy doesn’t hold up very well. But that doesn’t mean that it will never be useful again.
All the automated trading strategies I use are for day trades. The longest I’ll be in a trade is roughly 90 minutes. This is my personal preference and could change in the future. I may in the future explore using my automation tool to start swing trading. Speaking of tools, I use Trade-Ideas for my automation. The software is not free however if you use this link here and use the discount code of DAVID15, you’ll get 15% off your first month or yearly subscription.
Automation with Trade-Ideas
Most of the resources on this website is about Trade-Ideas. Basically, the idea behind the way how I use this tool for automation is that I will create what is called an alert window within Trade-Ideas, then using that alert inside their Brokerage Plus to take the trade based on the alert using my specific risk parameters. It’s that simple.
If you wish to use any of the links on this page you will need to have Trade-Ideas.
Alert window templates
The following strategies are the TEMPLATES I use. These free automated trading strategies are by no means optimized whatsoever. I use them template strategies for when I’m evaluating if the market conditions have started to turn in favour of my strategy. If you wish to copy the strategy alert window you will need to use the backtesting tool Oddsmaker to optimize the filters needed. You will also need to test the risk management settings to make sure they are still appropraite.
Note that these links are subject to change as I update the templates.
Algo Buster Dip
- Description: This strategy is designed to catch a stock that has opened and traded lower. Usually between 9:50 and 10:15 the stock has usually put in a bottom for the day. By buying into the weakness, the strategy will ride the momentum to the bullish side.
- Best Market Conditions: When the market is generally trending higher
- Template Link: https://www.trade-ideas.com/Cloud.html?code=131dbd1a5a48e48b190df0c70653e448
Algo Buster Rip
- Description: This strategy is designed to catch a stock that has opened and traded higher. Usually between 9:50 and 10:30 the stock has usually put in a top for the day. By selling into the strength, the strategy will trade the retrace of the stock. However, if the stock is gapping up on great news, typically this strategy will get stopped out and the chart will look like a bull flag in which you could flip your position
- Best Market Conditions: When the market is flat or trending lower
- Template Link: https://www.trade-ideas.com/Cloud.html?code=ecd2dfb9e48fd739c1feb91fd86e7121
- Description: This strategy is designed to play the bearish S curve on a stock. When the stock is trading lower, it will typically retrace after breaking out. During the retracement, we get a signal to go short to continue the momentum downwards
- Best Market Conditions: When the market is trending lower, or during earnings on stocks that are in play
- Template Link: https://www.trade-ideas.com/Cloud.html?code=b254b776dcc56730023c4d6953b625ae
- Description: This strategy is designed to play the bullish S curve on a stock. When the stock is trading higher, it will typically retrace after breaking out. During the retracement, we get a signal to go long as the stock continues to trade higher. This particular strategy usually doesn’t hit its target and more often than not it will be a timed exit.
- Best Market Conditions: When the market is trending higher on strong bullish momentum, or during earnings on stocks that are in play
- Template Link: https://www.trade-ideas.com/Cloud.html?code=1d6cfdf0fee72355fa8ebbe2c607bf1b
These free automated trading strategies links are NOT OPTIMIZED. You are free to copy and use them as your own however I highly recommend that you optimize the strategy with Oddsmaker before attempting to use these strategies. I also recommend that you paper trade them before putting any capital at risk.
All investments are subject to varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy referenced directly or indirectly in this website will be profitable, perform equally to any corresponding indicated historical performance level(s), or be suitable for your portfolio. Past performance is not an indicator of future results. You should not make any investment or trading decision based on the information on this site without undertaking independent due diligence and consultation with a professional broker or competent financial advisor.