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I observed that nearly every day the market has a favored sector. On an up trending day this sector usually continues to outperform the S&P nicely. I have begun coding up a new trading system that takes advantage of this.
I have broken up the logic into the following sections:
Filters:
Don't trade on the weekends
Don't enter a trade in the afternoon, etc.
Macro:
General Direction of the market... try to identify trending days
Identify Sector:
Using spyders find the sector which is outperforming
Micro:
Entry timing
Exit Strategy:
Close out position
My code is attached. Right now it looses money and does not really include proper trade management. I liked reading and seeing how other code has been collaborated on. I am looking for collaborators / general feedback with ideas for the sections above.