I have shared a large number of daily summaries of my algo trading on Moomoo, mainly selecting stocks, buying, taking profit, stop loss, etc. through the AI tool I developed. The effect has always been very good, with stable profits. Many friends have messaged me privately, raising many questions, and quite a few people doubt the authenticity of the trades.
It is undeniable that it is very difficult to achieve stable profits in trading using AI algo tools. So here I share with everyone my algo strategy. 【The chart is for demonstration only, not real stock information】
1. Find stocks that are surging in the market through the market scanner, mainly based on the total percentage increase: the 13th window is for newly scanned stocks
2. Analyze the relationship between price and volume of this stock: current price, EMA20, EMA60, MAVOL20, MAVOL60. Also filter data such as total turnover in the previous 1 minute, 1-minute turnover in the previous 1 hour, etc.
3. If it meets the conditions of step 2 and appears in the 6th window, buy when the increase reaches the set gap. Simultaneously determine the stop-loss position.
4. Normally, this stock will appear in the 5th window, rising significantly from the bottom.
5. The chart will display the real-time buy point (blue star) and stop-loss point (green star).
6. If the profit reaches the set amount, take profit on 30% of the position.
7. If the price hits the stop-loss point, close the position. Trade completed.
If the price keeps rising, I will gradually take profit and raise the stop-loss level.
Summary: All trades strictly control losses for each order within a Gap as the bottom line, profitable transactions...