This is obviously a live-trade algorithm, not a contest algorithm. I'm not skilled enough for that, nor do I have the time necessary to devote to get anywhere near that level. I know live-trading will be gone very, very soon (waaaaay too soon, but I'll not rehash that discussion), but this is the first algo I've come up with mostly from scratch instead of by cloning/tweaking something from someone else, and I wanted to share it before it all goes away.
The basic premise is that it taps a trend I've been seeing since the inauguration of Glorious Leader for leveraged ETFs and ETNs to spike in the first hour or two of trading, often >3%. This tries to pick it up at 2% or so and sell at 2.5%, so it's fairly high volume on day-trades which actually is an issue for me since I'm just a poor boy from a poor family and don't have the $25k+ necessary to avoid PDT flagging issues, but it might work well if you have that amount sitting around. The return was fairly high and the max DD seemed fairly reasonable for that level of return, so I wanted to share - though of course, I could easily be an idiot and have it doing something weird to produce such good returns, so if that's the case let me know and I'll swallow my embarrassment long enough to thank you.
I'm hoping that this trend will continue in the future (like I said, seems to be doing well since the inauguration, so maybe 3.5 years of good returns?), I've been tapping it the last couple of weeks as timing allows with manual trades, but I don't always have the time to sit in front of the computer and watch stocks tick, hence the dive into Q in the first place. It's set up to run on Robinhood since that's what I was using for live-trading. I set it up using what I think is a decent basket of ETFs/ETNs that can easily be adjusted if you want to.
I know a lot of the live-traders are gone or will be soon, but if there's anyone out there who wants to take a look, advice/tips/improvements/hate mail/constructive criticism would be greatly appreciated. I do intend to eventually port this and some other stuff to another platform (God only knows which one right now, but again, not the point here), and I'd love to tap the wonderful expertise I've seen on display here at Q to make this as good as the limits of its simplicity allow.