In this item, I will briefly show how our algorithm has been trading VRTX (Vertex Pharmaceuticals) stock in a one-week timeframe timeframe over the last 12 weeks, and how it has performed during that period. The algorithm has been designed to trade in a way that is similar to how a human would trade. It takes into account things like support and resistance levels, Fibonacci retracements, and candlestick patterns.
This week, the SlothTrading algorithm can be seen on VRTX (Vertex Pharmaceuticals). If you have any questions, please feel free to contact us. The algorithm is able to take advantage of the market conditions and generate a profit. Thank you for your interest in our product.
As you can see in the graph below, the investment made 12 weeks ago has made 7% profit (this means that an initial investment of $1,000, after 12 weeks of trading resulted in $1,071), being a good result.
The binary accuracy of the forecasts was 68% (16 points above the target value of 52%), and out of the twelve weeks of analyzed data, on three weeks we did not reach the target of 52% of accuracy.
We are working to improve our forecasting methods to meet our target for accuracy more consistently.
This information is shown in the following graph.
The average percentage of opened positions compared to the possible positions that could be opened (one every hour, when the market is open) is 32%. This means that our system only opens a position when a certain confidence threshold is reached.
You can perform further checks or open a simulated position with our algorithm using our simulator tool. This is a great way to test your investment strategies before putting any real…