Good evening,
I’m always looking for new timing indicators for when to be in/out of the market. QS shows this backtest for SPY with the simple rules. Results are pretty good as shown in the post.
RULES
- Buying the SPY when the NFCI is under its 14-day moving average
- Selling and holding cash when the NFCI is over its 14-day moving average
https://www.quantifiedstrategies.com/how-to-build-a-trading-strategy-from-fred-data-in-python/
The system is out of the market a bunch, but with a diverse set of ETF risk off options including various duration and credit grade bonds (maybe also UUP, GLD), there is potential for a pretty good ETF rotation system. My question is… is the NFCI data available on Portfolio123, or would I have to download the data from FRED and create a custom series? I’m not seeing NFCI data listed on this function page below. Thank you for your help.
-Shawn
Port123 factor ref page → https://www.portfolio123.com/doc/doc_index.jsp