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