Testing an AI-Assisted Research Workflow for Multi-Asset Pullback Strategy Discovery

This study investigates short-term price reversals—temporary retracements following adverse daily returns—and develops a systematic trading framework to capture this effect across multiple asset classes. Using daily data from six liquid ETFs spanning equities, fixed income, currencies, gold, and commodities over the period 2006–2025, the strategy applies a long-term trend filter based on a 200-day moving average combined with a multi-day pullback trigger. Trades are executed dynamically with volatility-adjusted position sizing and equal-weighted allocation across active signals. Parameter sweeps, sensitivity analyses, and sub-period tests are conducted to evaluate the robustness of the approach, including variations in moving average length, number of consecutive down days, holding periods, and alternative momentum indicators such as short-term RSI. The study also explores the practical integration of AI tools— ChatGPT and Claude—to assist in research, analysis, and visualization, assessing their effectiveness in generating coherent quantitative insights.

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One Year Later: Is ChatGPT Finally Worth Using for Quantitative Analysis?

One year ago, in our article “Can We Finally Use ChatGPT as a Quantitative Analyst?”, we explored the feasibility of leveraging ChatGPT for quantitative analysis. Since then, a lot has changed: newer models are now available (from OpenAI and also other vendors), and the ecosystem around AI-assisted analysis has evolved significantly. Back then, we encountered numerous challenges, ranging from model hallucinations and faulty code generation to excessive overfitting. In this article, we revisit these issues to assess what has improved and what remains unresolved, with the goal of finally answering whether we can use LLMs to assist with quantitative analysis tasks.

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