Here’s a screener/strategy alert tip to help you maximize your strategy’s returns.
On the prebuilt strategies on Trendlyne, you will see a recommendation for an alert frequency. The frequency at which you set alerts can help you maximize your returns.
- DVM Strategies like DVM Top Performers work best with a monthly alert, since this is a longer term strategy based on DVM scores. Changing stocks more often than that can impact returns.
- Technical and momentum strategies like this Momentum strategy work well with a weekly or daily alert.
- Mixed strategies that combine technical/momentum with value indicators like Technically strong value stocks work well with both monthly/weekly alerts.
- Value strategies like the Benjamin Graham value screener work well with monthly alerts.
You can view backtest results on any strategy – backtests can be run on various frequencies.