Strategies
Sleeves, not source code.
The live paper book is a mix of uncorrelated sleeves across equities, crypto, and FX. Allocations below reflect the current mix and may change. Everything shown is paper / practice capital. See Live Paper for current figures, and Backtests for multi-year research simulations (not the live desk).
Active
PEAD
alpaca · 30%
Post-earnings announcement drift. Long only.
Buys names where the earnings surprise clears a high bar, waits one session, then holds for a defined window. Size can scale with surprise magnitude. Aims at the slow digestion of earnings news, not the day-one spike.
Crypto breakout
alpaca · 20%
Trend breakouts on major crypto pairs.
Channel breakouts on bitcoin, ether, and solana. Enters when price pushes through a recent range and exits on a shorter trailing channel. Same Alpaca paper account as the equity sleeves.
VIX reversion
alpaca · 20%
Conditional short-vol after fear spikes.
Stays flat when markets are calm. When the VIX is elevated and starting to fall, rotates into a short-volatility vehicle (SVXY). A regime tool, not a permanent short-vol book.
Equity momentum
alpaca · 12%
Classic 12-1 quality momentum across large and mid caps.
Ranks a broad U.S. equity universe on intermediate-horizon momentum with quality filters and a correlation cap so the book does not collapse into one factor bet. Rebalances monthly.
Risk parity
alpaca · 10%
Multi-asset equal-risk ballast.
Balances risk across equities, bonds, gold, and REITs (SPY / TLT / GLD / VNQ), vol-targeted so no single sleeve dominates dollar risk. DBC was dropped from the live sleeve; older Risk parity fills may still show DBC until those paper lots are flat. Diversifier inside the Alpaca account.
Crypto vol core
alpaca · 5%
Inverse-vol BTC + ETH core with a trend gate.
Holds bitcoin and ether sized by inverse volatility, with a longer-term trend filter so the sleeve can step aside in deep drawdowns. Small strategic crypto core alongside the breakout sleeve.
Crypto BTC relative
alpaca · 3%
Altcoins cheap versus bitcoin, with a trend gate.
Looks for major alts trading cheap relative to bitcoin when the broader crypto trend filter is supportive. Sparse sleeve; same Alpaca paper account as the other crypto sleeves.
FX macro desk
oanda · 25%of total paper capital (separate OANDA practice account)
Macro FX on OANDA practice. Separate NAV from Alpaca.
Runs on its own OANDA practice account. Signals lean on dollar regime, soft positioning filters, and a rates veto. Sized at roughly a quarter of total paper capital; not part of the Alpaca rebalancer weights.
Parked
Crypto momentum
parked · 0%Cross-sectional crypto momentum research sleeve. Weight was moved into crypto breakout. Kept here for honesty. Not an active allocation.