Strategy based on price momentum percentage change
Momentum Percentage tracks percent change in price. Trades trigger when momentum exceeds positive or negative levels and exit on the counter signal or a volatility stop.
By measuring returns over a set lookback, the system adapts to different markets. The volatility stop ensures large adverse moves exit quickly.
- Entry Criteria: Signals based on MA, Momentum.
- Long/Short: Both directions.
- Exit Criteria: Opposite signal or stop.
- Stops: Yes.
- Default Values:
- MomentumPeriod = 10
- ThresholdPercent = 5m
- StopLossPercent = 2m
- CandleType = TimeSpan.FromMinutes(5)
- Filters:
- Category: Trend
- Direction: Both
- Indicators: MA, Momentum
- Stops: Yes
- Complexity: Basic
- Timeframe: Intraday (5m)
- Seasonality: No
- Neural Networks: No
- Divergence: No
- Risk Level: Medium