Strategy Ranker in Rzone
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If you are a systematic trader following a specific chart pattern, have you ever noticed that certain stocks almost always make money for you, while others always seem to lose? The problem is neither your chart pattern nor luck. Every stock has its own unique behaviour, which also changes over time. Some stocks do well as breakout candidates, while others deliver better returns on a pullback setup. So how do you understand the nature of the stocks you trade often? The answer is Strategy Ranker in Rzone.
In Strategy Ranker, you can select multiple chart patterns on your favourite chart type and stock, and view how each pattern has performed historically. For example, Laurus Labs shows greater expectancy on Pole and Multi-Column Breakout patterns, while DMart has higher expectancy for reversal patterns like Strike Back, Bear Trap Variation, and Oops Reversal. Lastly, HDFC AMC shows higher expectancy for AFT and Triangle Breakout patterns.
So, the next time, you can shortlist stocks that have better expectancy for the pattern you trade consistently.
