Feature request - Momentum Strategy
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Hi
I am really liking what I see in Momentify.
I do long/short strategies. I think reverse momentum is a good way to look at short candidates. By reverse momentum, I mean the weak stocks - eg. stocks not more than 30% from their 52 week low, below 200 EMA etc etc. Basically, to begin with one can just backtest with the reverse logic of long momentum strategy.
two things
- Do you think it can work
- If yes, please look at having this added for the future releases
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Hi,
It can work but bearish strategies need some more tweaking. We will soon add a trading section in Momentify followed by option to run bearish strategies (reverse momentum).
