FomoCross Momentum Startegy
Key Features:
Exponential Moving Average (EMA) Crossovers: The strategy utilizes crossovers between fast and slow EMAs to determine when momentum is building in the market, allowing traders to capitalize on emerging trends.
Advanced Momentum Filtering: Extensive filtering algorithms are applied to avoid false signals, ensuring that only high-probability trades are executed. This results in fewer, more accurate trade signals.
Dynamic Risk Management: The strategy integrates comprehensive risk management tools, including trailing stop losses and position sizing based on volatility. This allows for protecting profits and minimizing losses, no matter the market conditions.
Customizable Settings: Traders can adjust EMA lengths, filtering sensitivity, and risk management settings to suit their individual trading style and preferred timeframes.
Visual Trade Signals: Trade entry and exit points are clearly marked on the chart with easy-to-read markers, making it simple to follow and execute trades.
Assumptions:
This strategy assumes that momentum trends can be predicted by the interaction of short-term and long-term exponential moving averages. By filtering for the most significant momentum shifts, the strategy minimizes false signals caused by short-term volatility, helping traders stay on the right side of the trend.
How It Works:
EMA Crossovers: The strategy identifies potential trade signals when a fast EMA crosses above or below a slower EMA, indicating the start of upward or downward momentum.
Filtering for Momentum: Additional filters are applied to confirm momentum strength, ensuring that the crossovers represent meaningful market movement rather than noise.
Risk Management: Trades are managed through trailing stop-losses and volatility-based position sizing, allowing the strategy to automatically adapt to changing market conditions. This minimizes risk while maximizing profit potential.
Ideal for:
Trend-following traders: Those looking to capitalize on emerging trends using a proven and refined crossover method.
Momentum traders: Traders who prefer to enter the market at points where momentum is clearly building, avoiding false starts.
Risk-conscious investors: Individuals who prioritize disciplined risk management and capital preservation, while still seeking high returns.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ZohairFazilati directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ZohairFazilati directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.