Momentum Trader Strategy 3.0

- By default it only trades between 0900 and 1530 (designed for futures trading and can be toggled to 24/7)
- No repaint issues, what you see is real
- Toggles allow you to enable Long or Short independently which may work better or worse for your market
- Designed primarily for Day Trading (1-15m interval)
- Presently only the Short side is optimized, the Long works but overtrades a bit. I will be adding an option to remove the less useful signals and improve performance.
Momentum Trader is a real and successful momentum strategy (which I use myself). It isn't a miracle 'always win' strategy but it is a steady workhorse. By combining high probability momentum trades and auto stop-losses, it takes a good slice of most rallies, a big slice of the grand drops, and avoids heavy sudden losses.
Momentum Trader can be used in any timeframe. Your success depends on the volatility of the individual market. I recommend trading at 10m and below for high volatility instruments like ES/SPX while low volatility instruments can be traded at the 1h and beyond. At the level of 1D+ it also works as well but naturally as a momentum strategy it may take a while to pivot.
Momentum Trader provides you with 3 long and 2 short entries which represent different levels of risk/reward. Like any real strategy, there can be periods of chop where the strategy will lose (small based on stop-loss) if the market is chopping very quickly back and forth or pivoting suddenly. As a rule, Momentum Trader attempts to avoid most of that by typically flagging trends which are established and confirmed. Different signals give you different degrees of confirmation and thus different risk/reward.
- By default it only trades between 0900 and 1530 (designed for futures trading and can be toggled to 24/7)
- No repaint issues, what you see is real
- Toggles allow you to enable Long or Short independently which may work better or worse for your market
- Designed primarily for Day Trading (1-15m interval)
- Presently only the Short side is optimized, the Long works but over-trades at the moment bit.
- I will be adding an option to remove the less useful signals and improve performance.
Momentum Trader is a real and successful momentum strategy (which I use myself). It isn't a miracle 'always win' strategy but it is a steady workhorse. By combining high probability momentum trades and auto stop-losses, it takes a good slice of most rallies, a big slice of the grand drops, and avoids heavy sudden losses.
Momentum Trader can be used in any timeframe. Your success depends on the volatility of the individual market. I recommend trading at 10m and below for high volatility instruments like ES/SPX while low volatility instruments can be traded at the 1h and beyond. At the level of 1D+ it also works as well but naturally as a momentum strategy it may take a while to pivot .
Momentum Trader provides you with 3 long and 2 short entries which represent different levels of risk/reward. Like any real strategy, there can be periods of chop where the strategy will lose (small based on stop-loss) if the market is chopping very quickly back and forth or pivoting suddenly. As a rule, Momentum Trader attempts to avoid most of that by typically flagging trends which are established and confirmed. Different signals give you different degrees of confirmation and thus different risk/reward.
نص برمجي للمستخدمين المدعوين فقط
يمكن فقط للمستخدمين الذين تمت الموافقة عليهم من قبل المؤلف الوصول إلى هذا البرنامج النصي. ستحتاج إلى طلب الإذن والحصول عليه لاستخدامه. يتم منح هذا عادةً بعد الدفع. لمزيد من التفاصيل، اتبع تعليمات المؤلف أدناه أو اتصل Jmx مباشرة.
لا توصي TradingView بالدفع مقابل برنامج نصي أو استخدامه إلا إذا كنت تثق تمامًا في مؤلفه وتفهم كيفية عمله. يمكنك أيضًا العثور على بدائل مجانية ومفتوحة المصدر في نصوص مجتمعنا.
تعليمات المؤلف
إخلاء المسؤولية
نص برمجي للمستخدمين المدعوين فقط
يمكن فقط للمستخدمين الذين تمت الموافقة عليهم من قبل المؤلف الوصول إلى هذا البرنامج النصي. ستحتاج إلى طلب الإذن والحصول عليه لاستخدامه. يتم منح هذا عادةً بعد الدفع. لمزيد من التفاصيل، اتبع تعليمات المؤلف أدناه أو اتصل Jmx مباشرة.
لا توصي TradingView بالدفع مقابل برنامج نصي أو استخدامه إلا إذا كنت تثق تمامًا في مؤلفه وتفهم كيفية عمله. يمكنك أيضًا العثور على بدائل مجانية ومفتوحة المصدر في نصوص مجتمعنا.