Applied ROC Strategy on Turkish Defense Company : Aselsan
About ROC Strategy :
Important Notice :
Although I publish this article in 30 mins period, the strategy works best with the intraday trading(1 min). If you decide to adapt this strategy to your Algo Trader, remind urselfs that %P&L for intraday is around ~8%. Also bear in mind the Turkish Stock Market Volatility plus any political related decisions on defense companies inside and outside the coutnry. The %P&L ratios has been calculated throug BackTesting&Optimizing on Bloomberg Terminal for July 2020.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
- Go Long when the ROC crosses above the Value of '0'
- Short when the ROC crosses below the Value of '0'.
Important Notice :
Although I publish this article in 30 mins period, the strategy works best with the intraday trading(1 min). If you decide to adapt this strategy to your Algo Trader, remind urselfs that %P&L for intraday is around ~8%. Also bear in mind the Turkish Stock Market Volatility plus any political related decisions on defense companies inside and outside the coutnry. The %P&L ratios has been calculated throug BackTesting&Optimizing on Bloomberg Terminal for July 2020.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.