“Trend Momentum Strategy“ is a momentum indicator that plots trades for you. Just pick your settings and follow the trade signals!
This strategy primarily looks for long positions in an area of upwards momentum, however there is an option to include bearish engulfing shorts entries. This bearish engulfing short entry mechanism was added to potentially short the end of the upwards momentum moves without being involved in a downtrend for too long. Although the strategy was not designed for shorts alone, the user can remove all long entries and only see short bearish engulfing patterns.
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