I am working on a project I have long wanted to do but have never had the time or ability to focus on it enough to complete it: An Automated Technical Trading System.
This system is designed to:
1. Automatically rank stocks in watchlists
2. Update scores in real-time based on technical indicators and patterns
3. Provide visual engagement through intra-day changes
Watchlist Example: Artificial Intelligence Group
My AI group watchlist is:
· Curated based on fundamental and technical factors
· Aligned with specific investment criteria (time horizon, market cap, trading volumes)
· Ranked by total scores, sorted alphabetically
The system displays a table of stocks with their current rankings, updated throughout the trading day.
This particular table is from mid-day yesterday:
Ticker TOT
AMZN 30
ANET 30
ARM 30
AVGO 30
VRT 30
AMD 27
ANSS 27
META 22
PANW 21
TSM 18
AAPL 14
MSFT 14
GOOG 12
CDNS 10
INTC 6
SMCI 6
NVDA 0
ASML -26
Based on the scores, the final system will allocate a minimum-maximum portfolio weighting (0%—6%).
My five watchlists under testing today are AI, Cara 100, Dow 30, Growth/Total Return, and Income/Value. I will write about some in the Community Blog, and others will be offered as model portfolios to premium subscribers.
I am early in the development process, but enjoying it thoroughly.