The Top Settings: This 9-page long PDF shows the top settings for each indicator for different performance metrics.
In this 76-page long document, Kirk tells you about the backtesting, his opinion, some sample portfolios and more.
The Signals Report: This is the report itself.
Generally, the Option Alpha Signals report reveals some very interesting data that is very eye-opening.īy buying the Signals report, you will gain access to 3 documents: However, the most profitable indicators were all longer-term indicators. Most people use indicators for relatively short-term trading. But this research report actually reveals that technical indicators shouldn’t necessarily be trusted since most of them don’t work.įurthermore, this report reveals that the few indicators that work, work because they are used very differently than most people use technical indicators. Most people (including the mainstream financial media) just accept the reliability of technical indicators.
If so, what are the specific indicators and settings that work best long-term?Īs I have read the report, I can tell you the answers to all of these questions:.
If so, can you generate excess returns above just holding SPY (Benchmark Index) on a consistent basis?.
Is Technical Analysis more reliable than randomly picking a stock’ s direction?.
In the report’s introduction, Kirk states that the goal of this report was to answer the following three questions: Kirk and his team have backtested 17 different indicators with countless different settings over 20 years (more on the backtesting further down). Option Alpha Signals report is all about technical analysis indicators and their reliability. I own the report and will present my view on it in the following Option Alpha Signals review. One specific indicator even beat the market by 2602%. Only a few managed to generate a considerable return. The research revealed that about 95% of technical indicators failed to beat the market. In it, you can find the results of the backtesting of 17.34 million stock trades over 20 years. Option Alpha offers an extensive technical analysis backtesting report.