StrategiquantX trades stocks from the S&P 100 by filtering for those above their 250-day moving average with RSI below 30, then ranking the survivors by 15-day rate of change and trading the top 5 to stay within position limits.
Chapters
There is a possibility with strategiquantx to trade a whole universe of stock. So let's say here it trade the S&P100 the 100 more capitalized stock in the US market. It will rank it says okay the open of the stock has to be above 250SMA, the RSI has to be below 30, the close has to be above $10 and the volume has to be at least 25,000 shares. And after that it will use what we call a ranking score. So let's say we apply this filter and we have 20 stock available to buy. But your strategy you said okay me I, I want only a max open position of 5. How will it rank these 20 stocks to choose only 5? It will rank them based on this example rate of change. The stock that has the biggest change positive for the last let's say 15 days it will select the five best. Then it will execute the trade on these five.