Algoritmic Based Stock Trading is primarily a trading strategy based on trade signals generated by an algorithm. This trading strategy and reporting is therefore not about:

• predictions of stock prices
• real-time market info and analysis
• technical analysis
• day-trading

The maker does not provide any information about the operation of the algorithm. Only the results of the algorithm, the so-called buy, sell or keep signals, are shared with third parties.

• The current algorithm does not issue a buy signal if the relevant stock has been previously bought. In the current setup, it is not possible to “buy extra”.
• After a buy signal, a “keep signal” can be issued in the following month. A keeps signal will automatically follow if no sell signal is issued.
• When determining the return, the date on which the signal was issued is considered, regardless of whether the price rises or falls afterwards.
• When determining the return, only the difference in closing prices between buying and selling is considered. Any dividend payments are currently not taken into account when determining returns.
• If a fund is in portfolio (the keep decision in the last month) then the closing price of the last trading day of the imported dataset is used as value to determine the return
• The return, expressed in Euro, is the price difference of one share. The return expressed as a percentage is the realized difference between buy and sell decisions divided by the average purchase value of the stock during the last 10 periods.

important;

1. The algorithm itself does not make any trading decisions. The recipient of this report decides what to do with this information and independently makes the buying and selling decisions.
2. The development of the algorithm is in the beta test version where the results are shared with third parties. The developer cannot be held liable for the content of this report nor for the results of the algorithm.
3. The forecast period in this report covers the current month. Within this forecast period, multiple buy and sell signals can be issued for the same fund.
4. The graphs in this report are a simulation of the algorithm based on historical price data. The buy, sell or keep signals are made 1 month in advance. The buy, keep and sell signals are always based on predicted closing prices and never on the actual realized closing prices.
5. The signals are a so-called indication. It is possible that after a sell signal has been issued, the price may continue to rise. It is also possible that after a buy signal, the price starts to fall.
6. The sell signal is only issued if a buy signal has been given previously. With a sell signal, the share is sold. After a sell signal, a new buy signal can follow, also in the same forecast month. It may also happen that no buy signals follow for a longer period of time. In that case, the relevant fund is not in the portfolio.