This is a strategy that runs on a group of stocks, typically on index like S&P 500, or Russel 3000.
This means that this strategy trades on all 500 resp. 3000 stocks in a given group, picking a selected number of stocks to trade based on strategy rules.
An introductory article on our blog: Stockpicker – Introduction of a new engine
- Introducing Stock groups
- How Stockpicker strategy looks like
- How Stockpicker engine works
- Stockpicker strategy in AlgoCloud