JACKSONVILLE, Fla., Apr 20, 2021 (SEND2PRESS NEWSWIRE) — HottingerSignals.com, LLC is proud to announce the release of its newest algorithm for producing weekly trading signals on 5 ETF’s: SPY, QQQ, GLD, IWM, XBI, and their parallel E-Mini futures.
The previous algorithms Hottinger Signals had been using were not providing a signal each week (due to market volatility caused by the covid virus). This new algorithm does produce a signal each week for each of these ETF’s.
Back-testing, which used data as far back as 2000, produced truly remarkable results:
* Winning percentages were above 70%, and profit factors well above 4.
“We are extremely pleased with this latest effort,” said Fritz Hottinger, the company’s CEO & President. “We have been writing stock market trading algorithms since 1978, and this one is our most successful to date. There were no results worse than 70% and the profit factors ranged between 3.98 and 7.39, with an average of 5.47.”