The ETF Trading Bandit software program gives signals based on the book ‘High Probability ETF Trading’ by Larry Connors and Cesar Alvarez. The results are tracked based on entering and exiting the next day at market open after a signal has been generated. The list of ETFs that are tracked here are the original 20 ETFs that were documented in the book.
Since the release of ETF Trading Bandit (October 2010), here are the results as of December 10th 2010. These results are based on taking the first signal only and not using the aggressive scale-in signals:
RSI 25/75 Long Strategy
| Entry Date | Entry | Shares | Symbol | Exit Date | Exit | Days | P/L % |
| 10/5/2010 | 49.03 | 203 | QQQQ | 10/6/2010 | 49.6 | 2 | 1.16 |
| 10/13/2010 | 13.46 | 742 | EWT | 10/15/2010 | 13.64 | 3 | 1.34 |
| 10/20/2010 | 77.95 | 128 | EWZ | 11/2/2010 | 79.14 | 10 | 1.53 |
| 10/20/2010 | 45.64 | 219 | EEM | 10/26/2010 | 46.23 | 5 | 1.29 |
| 10/20/2010 | 13.31 | 751 | EWT | 10/25/2010 | 13.81 | 4 | 3.76 |
| 10/29/2010 | 54.79 | 182 | IYR | 11/3/2010 | 55.82 | 4 | 1.88 |
| 11/2/2010 | 9.98 | 1002 | EWJ | 11/5/2010 | 10.29 | 4 | 3.11 |
| 11/15/2010 | 77.33 | 129 | EWZ | 11/22/2010 | 76.41 | 6 | (1.19) |
| 11/15/2010 | 14.03 | 712 | EWT | 11/22/2010 | 14.18 | 6 | 1.07 |
| 11/15/2010 | 31.04 | 322 | XLV | 11/22/2010 | 30.96 | 6 | (0.26) |
| 11/15/2010 | 46.64 | 214 | EEM | 12/2/2010 | 46.21 | 13 | (0.92) |
| 11/15/2010 | 52.78 | 189 | QQQQ | 11/23/2010 | 52.37 | 7 | (0.78) |
| 11/15/2010 | 112 | 89 | DIA | 11/22/2010 | 111.6 | 6 | (0.37) |
| 11/15/2010 | 32.46 | 308 | XLI | 11/19/2010 | 32.56 | 5 | 0.31 |
| 11/15/2010 | 52.58 | 190 | ILF | 11/19/2010 | 52.28 | 5 | (0.57) |
| 11/16/2010 | 54.13 | 184 | IYR | 11/26/2010 | 54.1 | 8 | (0.06) |
| 11/16/2010 | 44.72 | 223 | FXI | 12/2/2010 | 44.45 | 12 | (0.60) |
| 11/17/2010 | 19.13 | 522 | EWH | 12/2/2010 | 19.38 | 11 | 1.31 |
| 11/17/2010 | 130.8 | 76 | GLD | 11/23/2010 | 133.6 | 5 | 2.16 |
| 11/17/2010 | 10.22 | 978 | EWJ | 11/19/2010 | 10.44 | 3 | 2.15 |
| 11/17/2010 | 70.8 | 141 | IWM | 11/19/2010 | 72 | 3 | 1.69 |
| 11/17/2010 | 56.35 | 177 | EFA | 11/19/2010 | 57.31 | 3 | 1.70 |
| 11/17/2010 | 34.48 | 290 | XLB | 11/22/2010 | 35.24 | 4 | 2.20 |
| 11/17/2010 | 118.2 | 84 | SPY | 11/22/2010 | 119.7 | 4 | 1.25 |
| 11/24/2010 | 55.96 | 178 | EFA | 12/3/2010 | 56.9 | 7 | 1.68 |
| 11/24/2010 | 75.46 | 132 | EWZ | 12/2/2010 | 76.87 | 6 | 1.87 |
| 12/1/2010 | 30.61 | 326 | XLV | 12/2/2010 | 30.9 | 2 | 0.95 |
| Avg | 5.70 | 1.02 |
Overall:
- 27 Trades
- 70% Winners
- 30% losers
- Average Hold Period: 5.7 Days
- Average P/L of all trades (winners and losers): 1.02%
To see all of these signals on a chart and to monitor this strategy on a daily basis download the forever free ETF Trading Bandit Trial.