Momentum Trader Strategy 3.0

2018年2月16日

Momentum Trader 3.0 is a momentum trading strategy which uses volume to confirm market momentum driven moves.

• 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.

2018年2月16日

版本注释

Momentum Trader 3.0 is a momentum trading strategy which uses volume to confirm market momentum driven moves.

• 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.