QuantCT

Momentum Strategy Idea

This strategy idea uses two, fast and slow, momentum indicators for trade setups and exits. This is a fast reacting strategy which is very useful in trending instruments on 1D and 4H timeframes. This is the implementation used in QuantCT app.

You can set operation mode to be Long/Short or long-only.
You also can set a fixed stop-loss or ignore it so that the strategy act solely based on entry and exit signals.

Trade Idea
  • When both momentum indicators are positive, asset is considered rising ( bullish ) and the plotted indicator becomes green.
  • When both momentum indicators are negative, asset is considered falling ( bearish ) and the plotted indicator becomes red.
  • Otherwise, asset is considered ranging and the plotted indicator becomes orange.

Entry/Exit rules
  • Enter LONG if both momentum indicators are greater than zero (i.e. when the plotted indicator becomes green).
  • Enter SHORT if both momentum indicators are lower than zero (i.e. when the plotted indicator becomes red).
  • EXIT market if none of the above (i.e. when the plotted indicator becomes orange).

CAUTION
  • It's just a bare trading idea - a profitable one. However, you can enhance this idea and turn it into a full trading strategy with enhanced risk/money management and optimizing it, and you ABSOLUTELY should do this!
  • DON'T insist on using Long/Short mode on all instruments! This strategy performs much better in Long-Only mode on many (NOT All) trending instruments (Like BTC , ETH, etc.).
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

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