Connors Alvarez MDD MDU Strategy

This Simulator strategy is based on a system described by Larry Connors and Cezar Alvarez in their book "High Probability ETF Trading: 7 Professional Strategies To Improve Your ETF Trading ". The strategy's name is "Multiple Days Up/Multiple Days Down" or MDU/MDD.

This strategy was originally run on these ETFs:
DIA,EEM,EFA,EWH,EWJ,EWT,EWZ,FXI,GLD,ILF,IWM,IYR,QQQQ,SPY,XHB,XLB,XLE,XLF,XLI,XLV

In this implemantation, the script buys up to 10 of the above ETF's that fit the buy rule.

The strategy has 2 versions. The simple and the aggresive.To implement the "aggresive" version you need to download the MM sript called "Scale-In On Price Drop" (Object ID: 1186) Scale-In On Price Drop

The rules are implemented to the best of my knowledge and are based on publicly published rules that I found on the internet. For further info you should look into the original authors' work.

Technical Analysis

• RSI + SMA(200) + Hurst v001
• Ulcer Performance Index
• Average Daily Return per Year/Month Table
• Adaptive Price Channel
• Scale-in Trading Strategy
• TSI - True Strength Index
• Beta
• Sentiment Measure Using ETF Sector Correlations
• Geometric Moving Average Indicator
• Buy & Hold of SPY or any Other Index/ETF on Profitable Months
• More trading objects...

Fundamental Analysis

• Market cap, ROE, ROA and Forward PE for U.S. Stocks - Fundamental Data from Yahoo
• Morningstar Historical Fundamentals
• Historical Earnings Calendar for Major Stock Exchanges
• Earnings after and before market opens
• Measure the value of the stock market using the Q-Ratio valuation method
• NSE Margin Trading
• Cash ON Hand for US stocks
• Stock Picks from Wikinancial
• AAII Sentiment Survey - Historical Data
• iShares Exchange-Traded Funds - ETF Fees and Expenses
• More trading objects...