Inquiry on Momentum Investing Data
-
Hello Prashant Sir,
I hope this message finds you well.
I recently watched your Momentum investing videos on YouTube and reviewed the backtested data on Sheet 5 (RS&D-Smart). The results indicate good returns and a low churn rate compared to other backtested findings.
I have gone to Rzone to backtest the data and plan to invest according to the setup detailed below:
Chart Type: P&F
Period: 252
Group: Nifty 500
Retracement: 20% within 52-week high
EMA: Above 200
Scanner: Above D Smart (6-period)
Relative Momentum: Nifty 500
I have a couple of questions: What scanner should be used for relative momentum with RS&D-Smart? Additionally, are the backtested results based on Return%, Sharpe Ratio, or volatility?Your clarification on these points would greatly assist me in implementing this strategy.
Thank you!
Best regards,
Selva Kumar. -
@Prashant-Shah Sir, Can you please help me to resolve the above query? Thanks!