Momentum Quality Index Strategy

https://files.fm/u/9dgw86qnr8
Welcome to the Momentum Quality Index Strategy!

This is a fairly conservative strategy with a sharp criteria for entries and taking profits. This strategy has been tested amongst the top 50 stocks with volatility over 2%, and the verdict was that the profitability was often times over 85% profitability, often times reaching over 90% profitability. This strategy thrives in more volatile environments, often times beating the buying and holding strategy YTD performance by large margins.

This strategy is highly optimized for the 30 minute chart, giving insights into shorter term movements. It is based on cash trades of $1,000 per position, with a maximum of 4 trades being placed at once.

This strategy is optimized for common stock trading in more liquid markets, and not yet optimized for options trading (however I plan on developing highly profitable strategies for this purpose soon). The take profit is customizable.

I would refer to the image link I have posted at the top of this article for the strategy's effectiveness. The strategy report on this article isn't accurate, as this strategy is based on trading $1,000 per trade, therefore over longer term periods of time will not be as successful due to the fact that there is no compounding. However, over the course of smaller time frames (such as one year), it beats buying and holding of many assets.

This strategy is meant for day trading and short term swing trading, and is not meant to beat buying and holding of successful assets over the course of long periods of time.