1,327% "Buy-The-Dip" Algorithm - Something hit me this week, why not look to buy the strongest trending stocks on trend dips **only** during SPY dips like what we just had. Why buy only during these times that stocks are inherently stressed.

u/medphysik · Reddit — r/algotrading · June 12, 2026 at 18:16 · ⬆ 18 pts · 💬 43 comments  | View on Reddit ↗
AI Summary

Summary

  • The post describes a quantitative “Buy-The-Dip” algorithm that selects stocks with elite momentum (20-day EMA ≥ 14% above 200-day SMA) and enters only when the SPY is in a ≥2% drawdown and the stock’s Z-score is between 0 and -1.
  • Backtest over 10 years (2016–2026) on a randomized 100-stock universe shows a 1,327% total return (30.5% CAGR), dwarfing SPY and an equal-weight portfolio.
  • The author states the strategy is currently live because the SPY is in a -2.61% drawdown, and the scanner has filtered S&P 500 down to 24 candidates; top 5 charts are shown (tickers not explicitly given in text).
  • Quality assessment: Well-researched DD with clear methodology, backtest details, and live application; the author provides sufficient evidence to support the thesis, though omission of ticker symbols limits direct replication.
Score 18
Comments 43
Upvote % 74%
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