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Simple Fundamental Algorithm
Ethan Floate
posted
Getting Started Fundamentals

Hello everyone, hope you're all staying safe!
This is my first trading algorithm that has shown some level of success. Any feedback from the community is welcome as I'm new to all this. Essentially, my algorithm is designed to buy promising undervalued stocks. I ranked both the asset's moving average and the free cash flow of the company, combined them and took the overall zscore.

I then screened stocks to satisfy these conditions:

  • the asset has a P/E ratio of < 15
  • the asset was in the top tenth percentile ranked by the aforementioned factors

as mentioned before any feedback is appreciated and I'd be happy to discuss any questions further

1 response
Ethan Floate

Note - In the source code there are other factors that have been commented out, these were experimentation's during the first few cycles of refinment and optimisation. These factors are not part of the final algorithm.

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